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Modeling the U.S. Firearms Market

The Effects of Civilian Stocks, Legislation, and Crime

Bibliographic Data

ID7811080
AuthorsTopher L Mcdougal (0000-0002-1079-0670, University of San Diego, corresponding author), Daniel Montolio (0000-0002-6751-6701, Universitat de Barcelona), Jurgen Brauer (0000-0002-6316-9271, Chulalongkorn University)
Year2023
Volume73
Issue248
Pages279-323
Publication date2023-06-01
Open AccessYes
TypeARTICLE
VenueInternational Social Science Journal (JOURNAL)
Journal identifiersISSN: 0020-8701 • E-ISSN: 1468-2451
PublisherWiley (PUBLISHER • GB)
DOI10.1111/issj.12396
OpenAlexW4324057519
LanguageEN
References cited31

We estimate the first econometric model of the national civilian firearms market in the United States (1946–2016), where per capita firearms‐related harm is exceptionally high. Solving simultaneous equation models instrumented by natural disasters and steel prices, and employing unique firearms prices and quantities data, we find this market operates normally, except that firearms stocks may generate some new market demand in a positive feedback loop. Save for the Federal Assault Weapons Ban (1994–2004), federal firearms legislation does not influence firearms sales. We find that violent crime, including homicide and mass shootings, boosts domestic sales

Business · Econometric model · Econometrics · Economics · Environmental health · Gun control · Harm · Homicide · Injury prevention · Legislation · Market economy · Per capita · Poison control · Political science · Crime Patterns and Interventions · Gun Ownership and Violence Research · Law · Medicine · Suicide and Self-Harm Studies

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Highly citedNo

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