Article de Périodique
The demand for cocaine by young adults: a rational addiction approach (1998)
Auteur(s) :
GROSSMAN, M. ;
CHALOUPKA, F. J.
Année
1998
Page(s) :
427-474
Langue(s) :
Anglais
Domaine :
Drogues illicites / Illicit drugs
Discipline :
EPI (Epidémiologie / Epidemiology)
Thésaurus mots-clés
ELASTICITE
;
COCAINE
;
PRIX
;
DEMANDE
;
ECONOMIE
;
JEUNE ADULTE
;
ADOLESCENT
;
MODELE
;
ADULTERANT
Thésaurus géographique
ETATS-UNIS
Résumé :
This paper applies the rational addiction model to the demand for cocaine by young adults in the Monitoring the Future panel. The price of cocaine is added to this survey from the Drug Enforcement Administration's System to Retrieve Information from Drug Evidence. Results suggest that annual participation and frequency of use given participation are negatively related to the price of cocaine. In addition, current participation (frequency) is positively related to past and future participation (frequency). The long-run price elasticity of total consumption (participation multiplied by frequency given participation) of -1.35 is substantial. (Author' s abstract)
Affiliation :
National Bureau of Economic Research, New York, NY 10017.
Etats-Unis. United States.
Etats-Unis. United States.
Cote :
A03565
Historique