8/31/2023 0 Comments Gp pro ex ver 4.08 crack![]() ![]() Finally, I find no impact on property crimes, I find a weaker impact on attempted murder, and, interestingly, I find a weak negative impact on aggravated assault. Third, only drug traffic – not drug possession – has an impact on homicides. Crack explains 30% of time series variation in the data. I use the estimated elasticity to compute the contribution of crack cocaine to aggregate violence. Second, using city-level apprehension and possession data, I find a strong elasticity of violent crime with respect to crack cocaine after controlling for year, city effects, and many time-varying covariates. First, the aggregate data show a tight co-movement between the prevalence of crack cocaine and homicides. This paper evaluates the role of crack cocaine in explaining the aggregate dynamics in violence. Mimicking the “Great American Crime Decline” (Zimiring, 2007), violent crime in the state of São Paulo dropped sharply in the 2000s after rising steadily throughout the 1980s and 1990s.
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