Friday, November 25, 2016

Is Gun Violence Stunting Business Growth?
"Gun violence imposes heavy social, psychological, and financial burdens on both individuals and society at large. Some of these burdens are known—we learn of the emotional cost from news stories and moving personal accounts, and we have previously calculated the health care costs of treating gunshot injuries. But we know comparatively little about the relationship between gun violence and local economic health.

In the communities and neighborhoods most affected by gun violence, is the presence of guns—absent other factors—impeding business growth?

A recent longitudinal study shows that neighborhood-level economic activity affects the conditions that make crime more likely and that violent crime can decline in the same year that economic activity increases. Earlier studies by Bowes and Greenbaum and Tita show that crime and fear of crime adversely affect the economic health of communities, cutting into business revenues and limiting business activity. New Urban research led by Yasemin Irvin-Erickson builds on these findings by exploring the association between gun violence and economic health of neighborhoods in six cities: Baton Rouge, Louisiana; Minneapolis, Minnesota; Oakland, California; Rochester, New York; San Francisco, California; and Washington, DC.

This study integrates innovative data from several sources, including the National Establishment Time-Series (NETS) database, gunshot detection technology, and credit bureau data, to develop concrete numbers describing the association between gun violence and local economic health. An interim report presents findings from Oakland, Washington, DC, and Minneapolis and explores the association between gun violence and business trends by census tract, using fixed effects panel models and analysis of observational data with statistical matching."

View the Interim Report

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