red ink in the rearview
the st. louis post-dispatch reports on a new journal of law and economics study showing that traffic tickets go up when local government revenues go down."Red Ink in the Rearview Mirror: Local Fiscal Conditions and the Issuance of Traffic Tickets" by thomas garrett and gary wagner, uses county-level north carolina panel data to establish the relationship. from the abstract:
We find that significantly more tickets are issued in the year following a decline in revenue, but the issuance of traffic tickets does not decline in years following revenue increases. Elasticity estimates reveal that a ten percent decrease in negative revenue growth results in a 6.4 percent increase in the growth rate of traffic tickets. Our results suggest that tickets are used as a revenue generation tool rather than solely a means to increase public safety.
just as we, the ticketed, have long suspected.
(via talkleft)


2 Comments:
In New York, we have noticed the increase in the number of parking ticket patrols as well! They'll get you one way or another...
hey mike, even nyc is not immune, eh? i suspect there's a lot of local variation.
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