PMID: 11900154Mar 20, 2002Paper

Illegal drug use and public policy

Health Affairs
Michael GrossmanKyumin Shim

Abstract

The period from the 1980s to the present has witnessed a lively and unsettled debate concerning the legalization of marijuana, cocaine, heroin, and other illicit substances in the United States. Proponents of legalization argue that the demand for these harmful and potentially addictive substances is not responsive to price. Opponents argue that prices will fall tremendously in a regime characterized by legalization and that the option of legalization and taxation is not feasible. In this paper we summarize theoretical and empirical evidence suggesting that none of these propositions is correct.

References

Aug 31, 2001·American Journal of Public Health·J P Caulkins
Jan 5, 2002·Journal of Health Economics·J DiNardo, T Lemieux

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Citations

Sep 13, 2012·Neuropsychopharmacology : Official Publication of the American College of Neuropsychopharmacology·Matthew L BanksS Stevens Negus
Aug 28, 2014·Journal of Urban Health : Bulletin of the New York Academy of Medicine·He ZhuJosé A Pagán
Nov 9, 2015·The International Journal on Drug Policy·Wai-Yin WanGrant Sara
Jul 14, 2010·The International Journal on Drug Policy·Jenny ChalmersCraig Jones
Jul 13, 2007·Addiction·Philip J Cook, Peter Reuter
Jan 1, 2013·Economic Inquiry·Hope CormanDhiman Das
Dec 24, 2009·Health Economics·Dhaval Dave, Swati Mukerjee
Dec 15, 2015·Drug and Alcohol Review·Emmanuel LahaieAgnès Cadet-Taïrou
Oct 6, 2006·Current Opinion in Anaesthesiology·Joy L Steadman, David J Birnbach

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