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An Economic Analysis Of Coca Eradication Policy In Colombia

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  • Moreno-Sanchez, Rocio del Pilar
  • Kraybill, David S.
  • Thompson, Stanley R.

Abstract

We estimate an econometric model of coca production in Colombia. Our results indicate that coca eradication is an ineffective means of supply control as farmers compensate by cultivating the crop more extensively. The evidence further suggests that incentives to produce legal substitute crops may have greater supply-reducing potential than eradication.

Suggested Citation

  • Moreno-Sanchez, Rocio del Pilar & Kraybill, David S. & Thompson, Stanley R., 2002. "An Economic Analysis Of Coca Eradication Policy In Colombia," 2002 Annual meeting, July 28-31, Long Beach, CA 19833, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19833
    DOI: 10.22004/ag.econ.19833
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    References listed on IDEAS

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    5. Frank J. Chaloupka & Michael Grossman & John A. Tauras, 1999. "The Demand for Cocaine and Marijuana by Youth," NBER Chapters, in: The Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic Research, pages 133-156, National Bureau of Economic Research, Inc.
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