This paper estimates the price responsiveness of cannabis, alcohol and cigarette use. Individual level data from four waves of the National Drug Strategy Survey is merged with previously unavailable state level data on cannabis prices and ABS alcohol and tobacco prics indices. In addition to own price effects, we estimate cross price effects and the impact of differing legal regimes for cannabis on the use of these three drugs.
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Length: 30 pages Date of creation: 1999 Date of revision: Handle: RePEc:mlb:wpaper:685
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