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It has been widely argued that the production of illegal drugs, particularly cocaine, has financed guerrilla activity in Colombia. This paper uses quarterly time-series data for Colombia 1994-2005 to examine the interaction between legal agricultural production, illegal agricultural production...
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living in a coca growing area in Colombia. We find that while eradication and alternative development decrease coca supply … coca can be a promising alternative in the fight against drugs. …
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's main cocaine producer. However, little is known about the effectiveness of policies targeting coca cultivation. This paper …-monetary factors that affect the coca cultivation decision: religion, legitimacy, remoteness, and poverty are found to be important. We … find that coca cultivation is inelastic to increases in perceived risk and relative profit so eradication and alternative …
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