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Drug Price Decline and Crime Drop Analysis by Cameron is a document available to read on EtoBox.

The paper examines the significant decline in crime rates in New York City and the U.S. from 1981 to 2007, attributing this decrease primarily to the drop in illegal drug prices, particularly heroin, cocaine, and crack. Using Granger causality testing, the authors find that lower drug prices predict reductions in larceny and assault rates, while the relationship with homicide is less clear. The analysis suggests that understanding drug market dynamics is crucial for comprehending crime trends during this pe

Author

Cameron

Language

EN