Titre : | Do-It-Yourself medicine? The impact of light cannabis liberalization on prescription drugs (2020) |
Auteurs : | V. CARRIERI ; L. MADIO ; F. PRINCIPE |
Type de document : | Article : Périodique |
Dans : | Journal of Health Economics (Vol.74, December 2020) |
Article en page(s) : | art. 102371 |
Langues: | Anglais |
Discipline : | MAR (Marchés / Markets) |
Mots-clés : |
Thésaurus géographique ITALIEThésaurus mots-clés CANNABIS ; AUTOMEDICATION ; USAGE THERAPEUTIQUE ; MEDICAMENTS ; CANNABINOIDES ; LIBERALISATION ; MARCHE DE LA DROGUE ; PRODUIT DE SUBSTITUTION |
Résumé : | Governments worldwide are increasingly concerned about the booming use of CBD (cannabidiol) products. However, we know little about the impact of their liberalization. We study a unique case of unintended liberalization of a CBD-based product (light cannabis) that occurred in Italy in 2017. Using unique and high-frequency data on prescription drug sales and by exploiting the staggered local availability of the new product in each Italian province, we document a significant substitution effect between light cannabis and anxiolytics, sedatives, opioids, anti-depressants and anti-psychotics. Results are informative for regulators and suggest that bans on light cannabis use would disregard the needs of patients to seek effective reliefs of their symptoms. |
Domaine : | Autres substances / Other substances ; Drogues illicites / Illicit drugs |
Affiliation : | Department of Law, Economics and Sociology, "Magna Graecia" University, Catanzaro, Italy |
Lien : | http://www.sciencedirect.com/science/article/pii/S0167629620301132 |
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