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Impacts of the Drug Trade on Latin American Food Production

Listed author(s):
  • Palma, Marco
  • Ribera, Luis
  • Bessler, David A.

This article compiles several sources of drug data to provide an analysis of supply and demand factor influencing the drug trade, including potential effects to agricultural production. All effects were found to be contemporaneously independent with the exception of coca production causing arrests in the U.S. Significant lagged effects were found linking agricultural production and coca production. Seizures and arrests were found to have a lagged deterrent effect on coca production. Seizures and arrests had lagged effects in explaining the variance of each other. It is likely that arrests increase intelligence information, resulting in more seizures and eventually more arrests.

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File URL: http://purl.umn.edu/189693
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Paper provided by Agricultural and Applied Economics Association in its series 2015 Allied Social Science Association (ASSA) Annual Meeting, January 3-5, 2015, Boston, Massachusetts with number 189693.

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Date of creation: 2015
Handle: RePEc:ags:assa15:189693
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  1. McKenzie, Andrew M. & Goodwin, Harold L., Jr. & Carreira, Rita I., 2009. "Alternative Model Selection Using Forecast Error Variance Decompositions in Wholesale Chicken Markets," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(01), April.
  2. Bernanke, Ben S., 1986. "Alternative explanations of the money-income correlation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 49-99, January.
  3. McKenzie, Andrew M. & Goodwin, Harold L. & Carreira, Rita I., 2009. "Alternative Model Selection Using Forecast Error Variance Decompositions in Wholesale Chicken Markets," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(01), pages 227-240, April.
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