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The Effects of Mass Shootings on Gun Sales

Author

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  • Elliot Chau

    (Department of Economics and Accounting, College of the Holy Cross)

Abstract

The United States experiences mass shootings which cause the American public to respond in various ways. One measurable aspect is the demand for firearms following a shooting. Using the Federal Bureau of Investigation�s National Instant Criminal Background Check System to proxy firearm sales, I create an ARMA model that estimates which characteristic of a mass shooting dictates the largest firearms purchase response. I find that President Obama�s tenure caused 210,000 more firearms sales per month. I also find that if the mass shooter was an internationally influenced terrorist, firearms sales increased by about 420,000 for the two-month period.

Suggested Citation

  • Elliot Chau, 2018. "The Effects of Mass Shootings on Gun Sales," Working Papers 1804, College of the Holy Cross, Department of Economics.
    • Handle: RePEc:hcx:wpaper:1804
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    File URL: https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1804-Chau_GunSales.pdf
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    References listed on IDEAS

    as
    1. Depetris-Chauvin, Emilio, 2015. "Fear of Obama: An empirical study of the demand for guns and the U.S. 2008 presidential election," Journal of Public Economics, Elsevier, vol. 130(C), pages 66-79.
    2. Luca, Michael & Malhotra, Deepak & Poliquin, Christopher, 2020. "The impact of mass shootings on gun policy," Journal of Public Economics, Elsevier, vol. 181(C).
    3. Anandasivam Gopal & Brad N Greenwood, 2017. "Traders, guns, and money: The effects of mass shootings on stock prices of firearm manufacturers in the U.S," PLOS ONE, Public Library of Science, vol. 12(5), pages 1-29, May.
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    Cited by:

    1. Pak, Tae-Young, 2022. "The effects of mass shootings on gun sales: Motivations, mechanisms, policies and regulations," Journal of Policy Modeling, Elsevier, vol. 44(6), pages 1148-1164.

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