Halcoussis, Dennis; Lowenberg, Anton D.; Roof, Zach - In: Revista de métodos cuantitativos para la economía y … 23 (2017), pp. 119-136
price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced … elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We … obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing …
