Estimated Annual Costs of Maltreatment in Terms of Increases in Costs of Crime
| Crime | Cost Per Crime ($) | Prevalence in Add Health | Estimated Effect Abuse Twin FE | Annual Per Person Cost of Abuse ($) | Total Cost of Abuse (million $) |
|---|---|---|---|---|---|
| A. Costs from Locher and Moretti (2004) | |||||
| Assault | 13,884 | 0.071 | 0.042 | 134 | 5,226 |
| Robbery | 13,139 | 0.020 | 0.008 | 24 | 936 |
| Burglary | 1,382 | 0.019 | 0.018 | 6 | 234 |
| Theft > $50 | 277 | 0.033 | 0.006 | 0.38 | 15 |
| Sum: 6,411 | |||||
| B. Costs from Cohen (2004) | |||||
| Assault | 81,900 | 0.071 | 0.042 | 791 | 30,849 |
| Robbery | 271,440 | 0.020 | 0.008 | 499 | 19,461 |
| Burglary | 29,250 | 0.019 | 0.018 | 121 | 4,719 |
| Sum: 5,029 | |||||
Notes: Lochner and Moretti (2004) present estimates of the social costs of crime and include incarceration costs. Cohen (2004) derives estimates from a survey asking willingness to pay for crime prevention. Estimated effects of abuse on probability of crime are from Table 5, Column 2. Annual per person costs are obtained by multiplying the cost by the estimated effect, and then multiplying by the incidence of any abuse (0.23). Total cost of abuse is estimated based on 39 million people aged 20–29 in 2000. Costs converted to millions $2,006.