Macroeconomic Aspects Of Substance Abuse: Diffusion, Productivity And Optimal Control
AbstractThis paper deals with macroeconomic aspects of widespread substance abuse with a reference to illicit drugs as an example. Substance abuse impedes the productivity of the labor force and reduces economic growth. Workers are either nonusers and therefore fully productive, a number of whom are employed by the government in drug-control activities, or users who are only partially productive. Efficient management of the nation s portfolio of workers involves eradicating drug use when initial user numbers are lower than a critical level, but allows user numbers to rise to, and be accommodated at, a stationary level when initial user numbers exceed a critical level.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Macroeconomic Dynamics.
Volume (Year): 10 (2006)
Issue (Month): 02 (April)
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Other versions of this item:
- Levy, Amnon & Neri, Frank, 2004. "Macroeconomic Aspects of Substance Abuse: Diffusion, Productivity and Optimal Control," Economics Working Papers wp04-22, School of Economics, University of Wollongong, NSW, Australia.
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- D90 - Microeconomics - - Intertemporal Choice - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Ken-Ichi Akao & Takashi Kamihigashi & Kazuo Nishimura, 2011.
"Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model,"
Discussion Paper Series
DP2011-20, Research Institute for Economics & Business Administration, Kobe University, revised Sep 2011.
- Akao, Ken-Ichi & Kamihigashi, Takashi & Nishimura, Kazuo, 2011. "Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 677-682.
- Levy, Amnon, 2008. "A theory of entrenched socioeconomic deprivation and addiction to strong mind-altering substances," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1756-1767, October.
- Levy, Amnon, 2006. "A Theory of Relative Deprivation and Myopic Addiction," Economics Working Papers wp06-20, School of Economics, University of Wollongong, NSW, Australia.
- Amnon Levy & João Faria, 2008. "Persistent high ambition and substance abuse: a rationalization of a vicious circle," Journal of Economics, Springer, vol. 94(3), pages 261-274, September.
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