Cost of crime in Russia: A compensating variation approach

Q3 Economics, Econometrics and Finance

Applied Econometrics Pub Date : 2023-01-01 DOI:10.22394/1993-7601-2023-69-91-120

Leonid Zhizhin, Alexey V. Knorre, R. Kuchakov, D. Skougarevskiy

引用次数: 0

Abstract

The paper estimates the cost of crime in Russia through an indirect approach. Using a national victimization survey, we estimate the elasticity of life satisfaction with respect to victimization and income. With estimated elasticities, we calculate the compensating variation: the increase in household income which would compensate for the decrease in life satisfaction due to victimization. Assuming strict exogeneity, one crime costs 135.2 thousand rubles ($2190), and the total societal cost amounts to 1.75 trillion rubles ($28.3 billion) of annual household income (1.3% of GDP).

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俄罗斯的犯罪成本:一种补偿变化方法

本文通过间接方法估算了俄罗斯的犯罪成本。利用一项全国性的受害调查，我们估计了生活满意度在受害和收入方面的弹性。根据估计的弹性，我们计算了补偿变化:家庭收入的增加将补偿由于受害而导致的生活满意度的下降。假设严格的外生性，一起犯罪的成本为135.2万卢布(2190美元)，社会总成本为1.75万亿卢布(283亿美元)，相当于家庭年收入(GDP的1.3%)。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Applied Econometrics Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.