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Substitutes or Complements? Alcohol, Cannabis and Tobacco

Author

Listed:
  • Cameron, L.
  • Williams, J.

Abstract

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.

Suggested Citation

  • Cameron, L. & Williams, J., 1999. "Substitutes or Complements? Alcohol, Cannabis and Tobacco," Department of Economics - Working Papers Series 685, The University of Melbourne.
  • Handle: RePEc:mlb:wpaper:685
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    Cited by:

    1. J. Williams & Rosalie Liccardo Pacula & Frank J. Chaloupka & Henry Wechsler, 2004. "Alcohol and marijuana use among college students: economic complements or substitutes?," Health Economics, John Wiley & Sons, Ltd., vol. 13(9), pages 825-843.
    2. Vinish Shrestha, 2015. "Estimating the Price Elasticity of Demand for Different Levels of Alcohol Consumption among Young Adults," American Journal of Health Economics, MIT Press, vol. 1(2), pages 224-254, Spring.

    More about this item

    Keywords

    PRICES ; DRUG ADDICTION ; CRIMINAL LAW;

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General

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