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addition to reducing youth smoking, we find that higher cigarette prices significantly reduce the average level of marijuana …
Persistent link: https://www.econbiz.de/10012471868
sanctions for drug possession and sale on youth drug use. Data on cocaine and marijuana use by high school seniors are taken … youth cocaine demand is sensitive to price, with average past year and past month cocaine demand elasticities of -1.28 and … marijuana have a negative and statistically significant impact on youth cocaine and marijuana use. However, the magnitude of …
Persistent link: https://www.econbiz.de/10012472397
After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior, demand equations are derived accounting for the tolerance, reinforcement, and withdrawal characteristic of addictive consumption. These are contrasted to equations developed...
Persistent link: https://www.econbiz.de/10012475769