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Are Illegal Drugs Inferior Goods?

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Author Info
Suryadipta Roy (Department of Economics, West Virginia University)

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Abstract

Using data from the National Survey on Drug Use and Health, evidence of income inferiority in illegal drug consumption is presented. This is done by estimation of binary choice probit models with endogenous regressors. The endogeneity of income with regard to drug consumption is considered and the more efficient three-stage least squares procedures have been implemented. The results indicate that accounting for endogeneity improves results on income inferiority with regard to drug consumption for the overall population. When the respondents are divided into separate work categories, illegal drugs are however found to be normal goods for respondents in school. An implication of this study is that income distribution policies might be effective in controlling drug consumption. It also points out the regressive nature of the government’s substance abuse program.

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File URL: http://www.be.wvu.edu/div/econ//work/pdf_files/05-01.pdf
File Format: application/pdf
File Function: Second version, June 15, 2005
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Publisher Info
Paper provided by Department of Economics, West Virginia University in its series Working Papers with number 05-01.

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Length: 56 pages
Date of creation: 2005
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Handle: RePEc:wvu:wpaper:05-01

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Related research
Keywords: income inferiority illegal drugs public policy

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Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production
I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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References listed on IDEAS
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.:
  1. Don Kenkel & Ping Wang, 1998. "Are Alcoholics in Bad Jobs?," NBER Working Papers 6401, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Niskanen, William A., 1992. "Economists and drug policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 36, pages 223-248, July. [Downloadable!] (restricted)
  3. Saffer, Henry & Chaloupka, Frank J & Dave, Dhaval, 2001. "State Drug Control Spending and Illicit Drug Participation," Contemporary Economic Policy, Oxford University Press, vol. 19(2), pages 150-61, April.
  4. Murphy, Kevin M & Topel, Robert H, 1985. "Estimation and Inference in Two-Step Econometric Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 3(4), pages 370-79, October.
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  5. Becker, Gary S & Murphy, Kevin M, 1988. "A Theory of Rational Addiction," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 675-700, August. [Downloadable!] (restricted)
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