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Money to Burn: Economic Incentives and the Incidence of Arson

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  • Paul Goebel
  • David Harrison

Abstract

This paper examines whether, and to what extent, the incidence of single family residential arson may be explained by vectors of economic, demographic, crime deterrent, and jurisdiction specific variables. While previous research has reported mixed results as to the existence and strength of these relationships, the study results indicate that per capita arson rates are significantly related to the economic growth and vitality of a metropolitan region. Specifically, using arson incidence data obtained from the Federal Bureau of Investigation (FBI), the results provide robust evidence that arson rates are positively related to both an area's unemployment rate and foreclosure rate, while negatively related to both regional housing appreciation rates and income levels.

Suggested Citation

  • Paul Goebel & David Harrison, 2012. "Money to Burn: Economic Incentives and the Incidence of Arson," Journal of Housing Research, Taylor & Francis Journals, vol. 21(1), pages 49-65, January.
  • Handle: RePEc:taf:rjrhxx:v:21:y:2012:i:1:p:49-65
    DOI: 10.1080/10835547.2012.12092049
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