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Literature on the economic-sociology of illegal markets is progressing convincingly, as scholars identify the need to investigate illegality through the perspective of the market, as well as through the perspective of the actor. In this book review essay, two recent publications are reflected...
Persistent link: https://www.econbiz.de/10012261419
. In a general equilibrium framework, an explanation of the downward trend in the price of cocaine over the last two … production of cocaine, which has counterbalanced the impact of the supply-side control policies and the decrease in the number of …
Persistent link: https://www.econbiz.de/10008765014
Illegal markets constitute the source of income for organized crime. In the context of contemporary illegal market conditions, it needs to be noted that with the restrictions of national borders declining and the increasing mobility of goods, money and services, transnational business...
Persistent link: https://www.econbiz.de/10008830081
of illegal drugs, Europe is viewed by criminal organizations as a transit area for heroin, cocaine, cannabis and …
Persistent link: https://www.econbiz.de/10012016995
of illegal drugs, Europe is viewed by criminal organizations as a transit area for heroin, cocaine, cannabis and …
Persistent link: https://www.econbiz.de/10010859888
cocaine and heroin. In this paper, I empirically study the relationships between marijuana and cocaine or heroin by analyzing … marijuana arrests and treatments by 10–20%. However, there is no evidence that cocaine and heroin usage increases after the … passage of medical marijuana laws. In fact, the estimates on cocaine and heroin arrests or treatments are uniformly negative …
Persistent link: https://www.econbiz.de/10010904193
Three key features of the retail trade for illicit drugs are documented: moral hazard, repeated interactions and price dispersion. An interpretation of this evidence based on search and informational frictions is presented. Various policy implications of the suggested interpretation are discussed.
Persistent link: https://www.econbiz.de/10009395637
-in-differences approach, I find that this led to an increase in cocaine purity of 42% and an increase in heroin purity of 30%. Using data on … the time of the ADAA translate to increases in cocaine and heroin ER mentions of 15% each. Because these negative outcomes … the ADAA is associated with an increase in the standard deviation of cocaine purity, implying more cocaine ER mentions. …
Persistent link: https://www.econbiz.de/10005635104
cocaine and heroin prices are not representative of market prices for those drugs. It is concluded that the usefulness of the …
Persistent link: https://www.econbiz.de/10005755372
Persistent link: https://www.econbiz.de/10003932635