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Substitutes or Complements? Alcohol, Cannabis and Tobacco

Lisa Cameron () and Jenny Williams ()

No 685, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper estimates the price responsiveness of cannabis, alcohol and cigarette use. Individual level data from four waves of the National Drug Strategy Survey is merged with previously unavailable state level data on cannabis prices and ABS alcohol and tobacco prics indices. In addition to own price effects, we estimate cross price effects and the impact of differing legal regimes for cannabis on the use of these three drugs.

Keywords: PRICES; DRUG ADDICTION; CRIMINAL LAW (search for similar items in EconPapers)
JEL-codes: D10 I10 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1999
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