Last edited by Taukinos
Monday, August 10, 2020 | History

1 edition of effects of prices and policies on the demand for marijuana found in the catalog.

effects of prices and policies on the demand for marijuana

effects of prices and policies on the demand for marijuana

evidence from the National Household Surveys on Drug Abuse

  • 261 Want to read
  • 6 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Marijuana -- Economic aspects -- United States -- Econometric models.,
  • Drug abuse -- Prevention -- United States -- Econometric models.,
  • Marijuana -- Government policy -- United States -- Econometric models.,
  • Cigarettes -- Prices -- Social aspects -- United States -- Econometric models.,
  • Alcohol -- Prices -- Social aspects -- United States -- Econometric models.,
  • Teenagers -- Drug use -- United States -- Econometric models.,
  • Drug abuse -- Economic aspects -- United States -- Econometric models.

  • Edition Notes

    Other titlesDemand for marijuana
    StatementMatthew C. Farrelly ... [et al.].
    SeriesNBER working paper series -- working paper 6940, Working paper series (National Bureau of Economic Research) -- working paper no. 6940.
    ContributionsFarrelly, Matthew C., National Bureau of Economic Research.
    Classifications
    LC ClassificationsHB1 .W654 no. 6940
    The Physical Object
    Pagination22 p. ;
    Number of Pages22
    ID Numbers
    Open LibraryOL22399810M

    The Office of National Drug Control Policy has opposed legalization of the medical use of marijuana, citing law enforcement issues and the possibility that some would use it as a pretext to sell marijuana for nonmedical use, and the FDA said in that, despite the report, that marijuana "has no accepted or proven use in the United States.".   The effects of prices and policies on the demand for marijuana: evidence from the National Household Surveys on Drug Abuse. NBER Working Paper Cambridge (MA): National Bureau of Economic Research; Cited by:

    According to AEG’s AndCan Index, which tracks trends in the marijuana industry, the first part of showed a small uptick in the demand for legal cannabis products. In particular, the report Author: Nick Lindsey. Demand 57 Substitution Effect When the price of a good rises, other things remaining the same, its relative price— its opportunity cost—rises. Although each good is unique, it has substitutes —other goods that can be used in its place. As the opportunity cost of a good rises, the incentive to economize on its use and.

    Marijuana Law, Policy, and Authority is a first-of-its-kind law school casebook in a rapidly-emerging and exciting new field. The accessible, comprehensive, and engaging material guides students through the competing approaches to regulating marijuana, the purposes and effects of those approaches, and the legal authorities for choosing among by: 1. The increased demand and increased supply will have an overall effect of undergoing oscillations of a rise and a fall in the prices of marijuana. This market will hence be demand and supply driven, where prices will be fully dependent on the demand and the supply of the drug as well as the competition between dealers.


Share this book
You might also like
Impacts of federal tax laws and economic developments on the Texas cattle industry

Impacts of federal tax laws and economic developments on the Texas cattle industry

South Rim ranger operations building

South Rim ranger operations building

enigma of Yeats.

enigma of Yeats.

Aerospace industry and aviation in India.

Aerospace industry and aviation in India.

Adolph Gottlieb: pictographs

Adolph Gottlieb: pictographs

New England nun

New England nun

The Modern Theologians

The Modern Theologians

study of U.S. exports of soybeans and soybean meal

study of U.S. exports of soybeans and soybean meal

Paint me a picture Mr.Pine.

Paint me a picture Mr.Pine.

The Sublimity of the Most Blessed Sacrament

The Sublimity of the Most Blessed Sacrament

Effects of prices and policies on the demand for marijuana Download PDF EPUB FB2

The effects of prices and policies on the demand for marijuana: Evidence from the National Household Surveys on Drug Abuse Publication Authors Farrelly, MatthewJeremyGary ng, BrettRosalie Liccardo.

The Effects of Prices and Policies on the Demand for Marijuana: Evidence from the National Household Surveys on Drug Abuse Matthew C. Farrelly, Jeremy W. Bray, Gary A.

Zarkin, Brett W. Wendling, Rosalie Liccardo Pacula. The effects of prices and policies on the demand for marijuana: Evidence from the national household surveys on drug abuse By: Matthew C. Farrelly, Jeremy W. Bray, Gary A. Zarkin, Brett W. Wendling, Rosalie Liccardo. Abstract This research examines the responsiveness of the demand for marijuana to changes in its money price and criminal status using data on individuals from the Cited by: The effects of prices and policies on the demand for marijuana: evidence from the National Household Surveys on Drug Abuse Author: Matthew C Farrelly ; National Bureau of Economic Research.

The effects of prices and policies on the demand for marijuana: Evidence from the national household surveys on drug abuse UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document) Jeremy W. Bray, Professor and Department Head (Creator) Institution The University of North Carolina at Greensboro (UNCG)Cited by: The Effects of Prices and Policies on the Demand for Marijuana: Evidence from the National Household Surveys on Drug Abuse.

The Effects of Prices and Policies on the Demand for Marijuana: Evidence from the National Household Surveys on Drug Abuse. [Matthew C Farrelly; Jeremy W Bray; Gary A Zarkin; Brett W Wendling; Rosalie Liccardo Pacula] -- Recent studies have shown that efforts to curb alcohol use by increasing the price of alcohol and limiting youth's access have succeeded, but they may.

If the cross-price elasticity of cocaine, for example, with respect to the price of marijuana is positive, marijuana and cocaine are substitutes in that consumption of cocaine falls and Cited by: It was classic supply and demand. Because the number of retailers and cultivators multiplied, our supply curve shifted to the right: Our sources: Once you start to look, you discover marijuana articles everywhere.

The Marijuana Policy Project has a host of articles while Vox did one of its series of answer cards on pot. Price elasticities of demand for marijuana Price elasticities of demand for marijuana for more frequent users The effect of marijuana legalisation and a price fall on alcohol consumption Price elasticities of demand for selected products More price elasticities of demand Data for simulation File Size: KB.

In summary, nearly all studies investigating the effects of price on drinking, both in the general population and in population subgroups (e.g., heavier drinkers or youth and young adults), have identified a downward-sloping demand curve, indicating that the consumption of alcoholic beverages would be reduced if prices were by:   This paper uses crowd-sourced transaction data from a cross section of the USA to examine demand for marijuana.

State and regional variations in consumption, price, and quality are also explored. Our data are a unique cross section of o actual marijuana transactions where price, quantity, and quality are reported, allowing for an estimation of the full demand Cited by:.

Introduction On Tuesday, November 6th, Colorado and Washington voted to legalize the possession of cannabis for personal use, choosing to regulate and tax it like alcohol or cigarettes. Though the future of cannabis — or marijuana* as it is commonly called — is uncertain, this is the most significant change in its regulation since the Federal government.

The price elasticity of marijuana demand: evidence from crowd-sourced transaction data. This paper uses crowd-sourced transaction data from a cross section of the USA to examine demand for marijuana.

State and regional variations in consumption, price. Marijuana price estimates and the price elasticity of demand. "The effects of price and policy on marijuana use: the price elasticity of demand for marijuana is about Author: David Ruggeri.

What impact will recent increases in cigarette prices have on the demand for other substances, such as marijuana. To better understand how the demand for marijuana and tobacco responds to changes in the policies and prices that affect their use, we explore the National Household Survey on Drug Abuse (NHSDA) from to Cited by: Prior economic research provides mixed evidence on the impact of cigarette prices on youth smoking.

This paper empirically tests the effects of various price measures on youth demand for cigarettes using data collected in a recent nationally representative survey of File Size: KB. Two years ago, the Washington state began an unprecedented policy experiment by allowing large-scale production and sale of recreational marijuana to the public.

The effects on public health and safety and on the relationship of law enforcement to minority communities will take years to manifest fully, but one impact has become abundantly clear. Since the decline in price is unlikely to exceed 50% and the demand elasticity is likely at leastthe plausible decline in expenditure is approximately 25%.

Given the estimate of $ billion in expenditure on marijuana under current prohibition, this implies expenditure under legalization of about $ : Mike Moffatt.

From: Colorado Department of Revenue. Finally, because price affects quantity demanded, we should note that Alaska plans a $50 per ounce tax, Oregon, $35 at the point of sale while Colorado’s sales tax has been close to 30 percent of the purchase we wondered for Colorado, will high sales taxes nudge some demand back to the black market?.

Our Bottom Line: Determinants of Marijuana Demand. The opening of shops in January seems to have had little effect. In Washington State, marijuana prices have been similarly steady and have converged almost exactly to Colorado prices.Frank J. Chaloupka. Over the past two decades, a growing number of economists have examined the impact of alcoholic beverage prices on alcohol consumption and heavy rly, many studies have considered the impact of price on a wide range of problems caused by alcohol use and abuse, including nonfatal and fatal accidents caused by drinking and driving, Cited by: