دانلود رایگان مقاله کارآفرینی و جرم و جنایت

Abstract

This paper examines the impact of various violent crimes on restaurant location decisions in a single city, Memphis, TN. Using location information on crimes and newly opened restaurants, we are able to match crimes and restaurants in parcels we construct. We examine the impact of the number of burglaries, assaults, rapes, and murders in each of 400 to up to 1,000,000 parcels occurring from 2009–2013 on the number of restaurants opening in 2014 in models including dummy variables capturing neighborhood effects. Regression results indicate that each crime is positively related to the number of new restaurants in a parcel. This suggests that even with the crime problem, these locations provide sufficient benefits, perhaps population density, which make them attractive to restaurant entrepreneurs.

4. Conclusion

This paper fills a gap in research on business location and, in particular, restaurant location by estimating the impact of various violent crimes on restaurant location decisions in a single city, Memphis, Tennessee. Using location information on crimes and newly opened restaurants, we are able to match crimes and restaurants in parcels of any size. Consistent with previous literature, we limit the impact of the endogeneity problem of crime location/business location by examining the number of new restaurants opening in a parcel in a year as a function of the number of past crimes in the parcel. In simple regression models, we examine the impact of the number of burglaries, assaults, rapes, and murders in each parcel of Memphis occurring from 2009–2013 on the number of restaurants opening in 2014. The results from various regression models indicate that each is positively related to the number of new restaurants in a parcel. This indicates that even with the crime problem, these locations provide sufficient benefits to make them attractive to restaurant entrepreneurs.