THE PRICE ELASTICITY OF HARD DRUGS - THE CASE OF OPIUM IN THE DUTCH-EAST-INDIES, 1923-1938

被引:61
|
作者
VANOURS, JC [1 ]
机构
[1] ERASMUS UNIV ROTTERDAM,3000 DR ROTTERDAM,NETHERLANDS
关键词
D O I
10.1086/261983
中图分类号
F [经济];
学科分类号
02 ;
摘要
At the beginning of this century the Dutch government controlled the opium market in the Dutch East Indies-nowadays Indonesia-for several decades. This state monopoly was called the opiumregie. Using information gathered during the opiumregie, this paper estimates price elasticities of opium consumption. It appears that short-term price elasticities of opium use are about -0.7. Long-term price elasticities are about -1.0.
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页码:261 / 279
页数:19
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