The main aim of the thesis is to verify the correlation between cannabis use and the crime rate in accordance with the legalization of marijuana in Colorado 1. 1. 2014. Method difference in differences is used to analyze this problem by comparing Denver with Philadelphia. Philadelphia is the control group because legalization did not occur there. Panel data in monthly intervals for the period from 2006 to 2014 are used. The hypothesis in this thesis is a positive correlation between cannabis use and crime rates. The results of the regression analysis show that differences in number of all offenses per 100 000 inhabitants decreased by 11.83 units and differences in number of violent crimes per 100 000 inhabitants increased by 0.67 units after legalization of cannabis. Increase of violent crimes verified the hypothesis. However the hypothesis was not verified in case of all offenses. The Czech Republic is supposed to be similarly affected by eventual legalization of cannabis, which follows from an applying the results to the Czech Republic. In addition, the discussion shows that the Czech Republic could set a higher tax rate for cannabis than Colorado. If the funds gained from eventual legalization of cannabis in Czech Republic had been allocated properly in society, an increase of violent crimes could be lower.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:201845 |
| Date | January 2015 |
| Creators | Holá, Jana |
| Contributors | Stroukal, Dominik, Špecián, Petr |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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