Modelling Consumption of Individual Drugs

Pratima Ramful Srivastava
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Pratima Ramful Srivastava: RMIT University

Chapter Chapter 4 in Recreational Drug Consumption, 2013, pp 45-72 from Springer

Abstract: Abstract Developing good drug policies requires a sound understanding of drug users and their behaviour. One major contribution of economics to the drug policy debate is to provide empirical evidence on the consumption of drugs in terms of what are the determinants of drug use and how individuals respond to existing policies. Using a variety of individual-level data, studies have examined individuals’ response to prices and a range of other demand reduction drug policies. Studies that have used micro data have also provided insights on the demographic and socioeconomic characteristics of drug users. While there is a fairly large body of empirical literature on licit drugs using US data, such studies are scarce for Australia. With regard to illicit drugs, evidence is sparser even overseas due to data unavailability. A small body of literature has developed on marijuana in recent decades but very little work has been undertaken on other illicit drugs.

Keywords: Marginal Effect; Illicit Drug; Alcoholic Beverage; Price Elasticity; Cigarette Consumption (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:dehchp:978-3-319-02405-9_4

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DOI: 10.1007/978-3-319-02405-9_4

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