On the Economic Consequences of Mass Shootings

• 成果类型: Article
• 署名作者: Brodeur, Abel; Yousaf, Hasin
• 署名单位: University of Ottawa; University of New South Wales Sydney
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01241
• 发表日期: 2025-01
• 页码: 109-124
• 关键词: crime; news; unemployment; CONFLICT; COSTS; media

摘要

In this paper, we investigate the economic consequences of massshootings. We find that shootings have negative effects on targeted coun-ties' economies. Estimates using three different comparison groups yieldsimilar results. Examining the mechanisms, we find that residents of tar-geted areas: (i) develop pessimistic views of financial and local businessconditions; and (ii) are more likely to report poor mental health, whichhinders usual activities such as work, suggesting that shootings lead todecreases in productivity. Further, we find that greater national media cov-erage of shootings exacerbates their local economic consequences.