Estimating the Elasticities of Demand for Cocaine and Heroin with Data from 21 Cities from the Drug Use Forecasting (DUF) Program, 1987-1991

The objective of this research was to estimate the elasticity of the demand for cocaine and heroin with respect to the price. Price elasticity is the percentage of change in the dependent quantity corresponding to a one-percent change in price. The project involved the development of an econometric...

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Bibliographische Detailangaben
1. VerfasserIn: Caulkins, Jonathan P. (VerfasserIn)
Medienart: Elektronisch Forschungsdaten
Sprache:Englisch
Veröffentlicht: [Erscheinungsort nicht ermittelbar] [Verlag nicht ermittelbar] 1997
In:Jahr: 1997
Online-Zugang: Volltext (kostenfrei)
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245 1 0 |a Estimating the Elasticities of Demand for Cocaine and Heroin with Data from 21 Cities from the Drug Use Forecasting (DUF) Program, 1987-1991 
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520 |a The objective of this research was to estimate the elasticity of the demand for cocaine and heroin with respect to the price. Price elasticity is the percentage of change in the dependent quantity corresponding to a one-percent change in price. The project involved the development of an econometric model to determine price elasticity, given that national- and city-level data on the consumption of cocaine and heroin are insufficient or nonexistent. The researchers circumvented this lack of data by partitioning the desired elasticity into the product of two elasticities, involving a measurable intermediate quantity whose relationship to the quantity of consumption could be modeled and estimated by measurable techniques. The intermediate quantity used for this project was the fraction of arrestees testing positive for cocaine or heroin as measured by the Drug Use Forecasting (DUF) System. From the Drug Enforcement Administration's (DEA's) System to Retrieve Information from Drug Evidence (STRIDE) data, expected purity was computed by regressing on log quantity and dummy variables for location and quarter. Price series were produced by finding the median standardized price per expected pure gram for each location and quarter. Variables for Part 1, National Data, include year, quarter, standardized prices for a gram of cocaine and a gram of heroin, and expected purity of cocaine and heroin. The Cities Data, Part 2, cover city, year, quarter, number of observations used to compute the median price of cocaine and heroin, standardized prices, and expected purity. 
540 |a ICPSR Terms of Use 
650 4 |a ADAM/DUF Program 
650 4 |a Alcohol abuse 
650 4 |a Cocaine 
650 4 |a Consumption 
650 4 |a crime patterns 
650 4 |a criminal histories 
650 4 |a demographic characteristics 
650 4 |a Drug dependence 
650 4 |a drug law offenses 
650 4 |a Drug offenders 
650 4 |a drug related crimes 
650 4 |a Drug Testing 
650 4 |a Drug traffic 
650 4 |a Drug use 
650 4 |a gun use 
650 4 |a handguns 
650 4 |a Heroin 
650 4 |a price fluctuations 
650 4 |a Recidivism prediction 
650 4 |a Substance Abuse 
650 4 |a Trends 
650 4 |a urinalysis 
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