AN ECONOMIC ANALYSIS OF COCA ERADICATION POLICY IN COLOMBIA

Rocio Moreno-Sanchez (), David S. Kraybill and Stanley Thompson ()

No 19833, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We estimate an econometric model of coca production in Colombia. Our results indicate that coca eradication is an ineffective means of supply control as farmers compensate by cultivating the crop more extensively. The evidence further suggests that incentives to produce legal substitute crops may have greater supply-reducing potential than eradication.

Keywords: Political; Economy (search for similar items in EconPapers)
Pages: 20
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19833

DOI: 10.22004/ag.econ.19833

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