Should the Dea's Stride Data Be Used for Economic Analyses of Markets for Illegal Drugs?
AbstractThe U.S. Drug Enforcement Administration’s (DEA’s) STRIDE data contain records of acquisitions of illegal drugs by undercover agents and informants of the DEA and Metropolitan Police of the District of Columbia. These data are widely used in economic analyses of markets for illegal drugs. The STRIDE data are mainly records of acquisitions made to support criminal investigations and are not a random sample of an identifiable population. This paper presents evidence that the STRIDE data on cocaine and heroin prices are not representative of market prices for those drugs. It is concluded that the usefulness of the STRIDE data for economic and policy analysis is limited at best. STRIDE is not a reliable source of price data for economic and policy analyses that require accurate measures of price levels and variations.
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Bibliographic InfoPaper provided by University of Iowa, Department of Economics in its series Working Papers with number 00-02.
Length: 28 pages
Date of creation: Mar 2000
Date of revision:
Contact details of provider:
Postal: University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242
Phone: (319) 335-0829
Fax: (319) 335-1956
Web page: http://tippie.uiowa.edu/economics/
More information through EDIRC
price index; sample design; cocaine; heroin;
Find related papers by JEL classification:
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-10-31 (All new papers)
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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