Titre : | Drug decriminalization and the price of illicit drugs (2017) |
Auteurs : | S. FELIX ; P. PORTUGAL |
Type de document : | Article : Périodique |
Dans : | International Journal of Drug Policy (Vol.39, January 2017) |
Article en page(s) : | 121-129 |
Langues: | Anglais |
Discipline : | MAR (Marchés / Markets) |
Mots-clés : |
Thésaurus géographique PORTUGALThésaurus mots-clés DECRIMINALISATION ; PRODUIT ILLICITE ; PRIX ; OPIACES ; COCAINE ; EVOLUTION ; MODELE STATISTIQUE |
Résumé : |
Background: This study is an empirical assessment of the impact of the drug decriminalization policy followed by Portugal in July 2001, on the price of illicit drugs.
Methods: The analysis is performed using a difference-in-differences approach and the Synthetic Control Method in order to construct a synthetic control unit from a convex combination of countries. Results: The results suggest that the prices of opiates and cocaine in the post-treatment period did not decrease in the sequence of the policy change. Conclusion: We conclude that the drug decriminalization policy seems to have caused no harm through lower illicit drugs prices, which would lead to higher drug usage and dependence. |
Domaine : | Drogues illicites / Illicit drugs |
Affiliation : | Nova School of Business and Economics, Universidade Nova de Lisboa, Lisbon, Portugal |
Cote : | Abonnement |
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