Three stage least squares with inequality constraints: Auto theft and police expenditure

@article{Buck1982ThreeSL,
  title={Three stage least squares with inequality constraints: Auto theft and police expenditure},
  author={Andrew J. Buck and Simon Hakim},
  journal={Empirical Economics},
  year={1982},
  volume={7},
  pages={109-123}
}
Using behavorial models of utility maximization on the part of communities and criminals, a two equation model of police expenditure and auto theft is derived. On the basis of previous empirical work and economic theory, certain parameters should be estimated subject to inequality constraints. An appropriate simultaneous equations estimator is derived and applied to data for 230 communities in New Jersey. 

Citations

Publications citing this paper.