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how consumers respond to drug withdrawals. In theory, remaining drugs in the therapeutic class could enjoy competitive …In September 1997, the anti-obesity drugs Pondimin and Redux, ingredients in the popular drug combination fen … benefits, or suffer negative spillovers, from the withdrawal of a competing drug. Our findings suggest that, while the …
Persistent link: https://www.econbiz.de/10012467462
This paper presents a model of prosecutors' decision-making processes in which prosecutors (both federal and state) internalize some of the benefits of reducing crime, but also care about developing their own human capital. Since U.S. attorneys make their decision first, they have the...
Persistent link: https://www.econbiz.de/10012472209
This study uses data from the Children of the National Longitudinal Survey of Youth to test for evidence of a causal relationship between maternal alcohol use, marijuana use and cocaine use, and children's behavior problems. Ordinary least squares results provide strong evidence that maternal...
Persistent link: https://www.econbiz.de/10012471069
expenditures on deterring illicit drug use. The empirical model is based on a demand and supply model of drug markets. The effect …. The data employed come from the 1990 and 1991 National Household Surveys on Drug Abuse (NHSDA). Data on state and local … spending for drug related criminal justice and drug related public health programs were merged with the NHSDA. The main …
Persistent link: https://www.econbiz.de/10012471680
homicide rate in the United States. The results document that increases in enforcement of drug and alcohol prohibition have … penalty -- does not alter the conclusion that drug and alcohol prohibition have substantially raised the homicide rate in the …
Persistent link: https://www.econbiz.de/10012471857
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and dying. These odds are functions of opioid use. Markov...
Persistent link: https://www.econbiz.de/10012938733
Over the last two decades there has been considerable movement at the state-level to legalize marijuana, initially for medical purposes and more recently for recreational consumption. Despite prior research, it is unclear how, if at all, these policies are related to rates of opioid-involved...
Persistent link: https://www.econbiz.de/10012938771
Thirty-six states have legalized medical marijuana and 14 states have legalized the use of marijuana for recreational purposes. In this paper, we review the literature on the public health consequences of legalizing marijuana, focusing on studies that have appeared in economics journals as well...
Persistent link: https://www.econbiz.de/10012510526
We examine the effects of must-access prescription drug monitoring programs (PDMPs) and recent regulations limiting the …
Persistent link: https://www.econbiz.de/10012660049
This paper studies the economic consequences of the West's foray into China after the Opium War (1839-42), when Western colonial influence was introduced in dozens of so-called treaty ports. We document a turnaround during the 19th century in the nature of China's capital markets. Whereas before...
Persistent link: https://www.econbiz.de/10012660082