dc.creatorAjzenman, Nicolás
dc.creatorGaliani, Sebastián
dc.creatorSeira, Enrique
dc.date2014-04
dc.date2015-11-13T13:52:00Z
dc.identifierhttp://sedici.unlp.edu.ar/handle/10915/49621
dc.identifierhttp://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas158.pdf
dc.identifierissn:1853-0168
dc.descriptionThis is the first paper to study the economic effects of drug-trafficking organization violence. We exploit the manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the effect of drug-related homicides on house prices. We use an unusually rich dataset that provides national coverage on house prices and homicides and exploit within-municipality variations. We find that the impact of violence on housing prices is borne entirely by the poor sectors of the population. An increase in homicides equivalent to one standard deviation leads to a 3% decrease in the price of low-income housing. In spite of this large burden on the poor, the willingness to pay in order to reverse the increase in drug-related crime is not high. We estimate it to be approximately 0.1%of Mexico’s GDP.
dc.descriptionCentro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
dc.formatapplication/pdf
dc.languageen
dc.rightshttp://creativecommons.org/licenses/by/4.0/
dc.rightsCreative Commons Attribution 4.0 International (CC BY 4.0)
dc.subjectCiencias Económicas
dc.subjectHomicidio
dc.subjectJEL: K4, I3
dc.subjectDrogas Ilícitas
dc.subjectpoverty
dc.subjectdrug-relate homicide
dc.subjectcosts of crime
dc.titleOn the distributive costs of drug-related homicides
dc.typeArticulo
dc.typeDocumento de trabajo


Este ítem pertenece a la siguiente institución