Drug decriminalization and the price of illicit drugs

被引:15
|
作者
Felix, Sonia [1 ,2 ]
Portugal, Pedro [1 ,2 ]
机构
[1] Univ Nova Lisboa, Nova Sch Business & Econ, Campus Campolide, P-1099032 Lisbon, Portugal
[2] Banco Portugal, Lisbon, Portugal
关键词
Illicit drugs; Drug decriminalization policy; Drug prices; Treatment effects; RATIONAL ADDICTION; ENFORCEMENT; COCAINE; GLOBALIZATION; MARKETS; DEMAND;
D O I
10.1016/j.drugpo.2016.10.014
中图分类号
R194 [卫生标准、卫生检查、医药管理];
学科分类号
摘要
Background: This study is an empirical assessment of the impact of the drug decriminalization policy followed by Portugal in July 2001, on the price of illicit drugs. Methods: The analysis is performed using a difference-in-differences approach and the Synthetic Control Method in order to construct a synthetic control unit from a convex combination of countries. Results: The results suggest that the prices of opiates and cocaine in the post-treatment period did not decrease in the sequence of the policy change. Conclusion: We conclude that the drug decriminalization policy seems to have caused no harm through lower illicit drugs prices, which would lead to higher drug usage and dependence. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:121 / 129
页数:9
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