Economic Aspects of Illicit Drug Markets and Drug Enforcement Policies
- 1 October 1989
- journal article
- review article
- Published by Wiley in British Journal of Addiction
- Vol. 84 (10) , 1173-1182
- https://doi.org/10.1111/j.1360-0443.1989.tb00713.x
Abstract
This paper reviews the economics literature on illicit drug markets and drug enforcement policies. The first part of the paper examines the problems involved in establishing the parameters of the illicit market. The second part of the paper examines the contribution economics can make to the evaluation of drug enforcement policies: the discussion covers the determination of both the appropriate level of enforcement expenditure and the appropriate mix of policy measures.Keywords
This publication has 17 references indexed in Scilit:
- Government Prevention Policy and the Relevance of Social Cost EstimatesBritish Journal of Addiction, 1987
- Government hypocrisy on drugs.BMJ, 1986
- Scoring Smack: The Illicit Heroin Market in London, 1980–1983British Journal of Addiction, 1985
- Self‐Reported Cannabis Use in Great Britain in 1981British Journal of Addiction, 1985
- HEROIN: PRICE ELASTICITY AND ENFORCEMENT STRATEGIESEconomic Inquiry, 1983
- An Economic Analysis of the Illicit Drug MarketInternational Journal of the Addictions, 1983
- The Retail Price of Heroin: Estimation and ApplicationsJournal of the American Statistical Association, 1974
- Police and Illicit Drug Markets: Some Economic Considerations*British Journal of Addiction to Alcohol & Other Drugs, 1973
- The Economics of Drug Control PoliciesInternational Journal of the Addictions, 1971
- The Clandestine Distribution of Heroin, Its Discovery and SuppressionJournal of Political Economy, 1968