The effect of drug prohibition on drug prices: Evidence from the markets for cocaine and heroin

Review of Economics and Statistics

Volumn 85, Issue 3, 2003, Pages 522-530

  Miron, Jeffrey A ^a  

^a Boston University   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0242643052     PISSN: 00346535     EISSN: None     Source Type: Journal    
DOI: 10.1162/003465303322369696     Document Type: Article

References (36)

1. Basov, Suren, Mireille Jacobson, and Jeffrey A. Miron, "Prohibition and the Market for Illegal Drugs: An Overview of Recent History," World Economics 2:4 (2001), 133-158.
2. Berman, Eli, and Linda T.M. Bui, "Environmental Regulation and Productivity: Evidence from Oil Refineries," Boston University manuscript (1999).
3. Bourgois, Philippe, In Search of Respect: Selling Crack in El Barrio (Cambridge, MA: Cambridge University Press, 1995).
4. Bulow, Jeremy, and Paul Klemperer, "The Tobacco Deal," Brookings Papers on Economic Activity, Microeconomics 1998, 323-394 (1999).
5. Catterall, William A., and Kenneth Mackie, "Local Anesthetics, " in Joel G. Hardman and Lee E. Limbird (Eds.), Goodman & Gilman's The Pharmacological Basis of Therapeutics, 9th ed. (New York: McGraw-Hill, 1996).
6. Caulkins, Jonathan P., and Peter Reuter, "What Price Data Tell Us about Drug Markets," Journal of Drug Issues 28:3, 593-612 (1998).
7. CoffeeUniverse, http://www.coffeeuniverse.com/university.html (1999).
8. DiNardo, John, "Law Enforcement, the Price of Cocaine, and Cocaine Use," Mathematical and Computer Modelling, 17:2, 53-64 (1993).
9. Fagan, Jeffrey, "Gangs, Drugs, and Neighborhood Change," in C. Ronald Huff (Ed.), Gangs in America (Newbury Park, CA: Sage Publications, 1996).
10. Federal Register, http://frwebgate3.access.gpo.gov/cgi-bin/waisgate.cgi?WAISdocID= 38967911899+5+0+0&WAISaction=retrieve(1998).
11. Friedman, Milton, "Prohibition and Drugs," Newsweek (May 1, 1972), 104.
12. Grinspoon, Lester, and James B. Bakalar, Cocaine: A Drug and Its Social Evolution (New York: Basic Books, 1976).
13. Grogger, Jeffrey, "The Effect of Arrests on the Employment and Earnings of Young Men," Quarterly Journal of Economics CX:1 (1995), 51-72.
14. International Cocoa Organization, Web site, http://www.icco.org/ (1999).
15. Kling, Jeffrey R., "The Effect of Prison Sentence Length on the Subsequent Employment and Earnings of Criminal Defendants," Woodrow Wilson School discussion paper no. 208, Princeton University (1999).
16. Koper, Christopher S., and Peter Reuter, "Suppressing Illegal Gun Markets: Lessons from Drug Enforcement," Law and Contemporary Problems 59: 1 (1996), 119-146.
17. Krivanek, Jara, Heroin: Myths and Reality, Sydney: Allen & Unwin (1988).
18. Levitt, Steven D., and Sudhir Alladi Venkatesh, "An Economic Analysis of a Drug-Selling Gang's Finances," NBER working paper no. 6592 (1998).
19. Lewis, Roger, "The Illicit Traffic in Heroin: Introduction and Part I, Cultivation and Production," Druglink (Spring 1984), 7-14.
20. Lott, John R. Jr., "An Attempt at Measuring the Total Monetary Penalty from Drug Convictions: The Importance of an Individual's Reputation," Journal of Legal Studies XXI (January 1992), 159-187.
21. MacCoun, Robert, and Peter Reuter, "Are the Wages of Sin $30 an Hour? Economic Aspects of Street-Level Drug Dealing," Crime and Delinquency 38:4 (1992), 477-491.
22. Maher, John T., Opium and Its Derivatives, Drug Enforcement Administration, U.S. Department of Justice (1976).
23. Miron, Jeffrey A., "Prohibitions and the Prices of Prohibited Goods: Evidence from the Markets for Heroin and Cocaine," Industry Studies working paper no. 105, Department of Economics, Boston University (2001).
24. Miron, Jeffrey A., "Drug Policy in the U.S.: An Economic Analysis," Boston University manuscript (2002).
25. Moore, Mark H., "Supply Reduction and Drug Law Enforcement," in Michael Tonry and James Q. Wilson (Eds.), Drugs and Crime (Chicago: University of Chicago Press, 1990).
26. Morales, Edmundo, Cocaine: White Gold Rush in Peru (Tucson: The University of Arizona Press, 1989).
27. Morgan, John P., "Prohibition is Perverse Policy: What Was True in 1933 is True Now," in Melvyn P. Krauss and Edward P. Lazear (Eds.), Searching for Alternatives (Stanford: Hoover Institution Press, 1991).
28. Nadelmann, Ethan A., "America's Drug Problem," Bulletin of the American Academy of Arts and Sciences, XLV:3 (1991), 24-40.
29. Nevo, Aviv, "Measuring Market Power in the Ready-to-Eat Cereal Industry," NBER working paper no. 6387 (1998).
30. Office of National Drug Control Policy, What America's Users Spend on Illegal Drugs, 1988-1995 (Washington, DC: USGPO, 1997a).
31. Padilla, Felix, The Gang as an American Enterprise (New Brunswick: Rutgers University Press, 1992).
32. Reuter, Peter, and Mark A. R. Kleiman, "Risks and Prices: An Economic Analysis of Drug Enforcement," in M. Tonry and M. Norris (Eds.), Crime and Justice; An Annual Review of Research, Vol. 7 (Chicago: University of Chicago Press, 1986).
33. Stecklow, Steve, and Jonathan Karp, "Poppy Fields of India Have a Place in the Sun, but It's under Attack," Wall Street Journal (April 3, 2000).
34. U.S. Bureau of the Census, Statistical Abstract of the United States: 1998 (Washington, DC: National Technical Information Services, 1998).
35. U.S. Department of Justice, Bureau of Justice Statistics, Sourcebook of Criminal Justice Statistics 1997 (Washington, DC: USGPO, 1998).
36. Yuan, Yuehong, and Jonathan P. Caulkins, "The Effect of Variation in High-Level Domestic Drug Enforcement on Variation in Drug Prices," Socio-economic Planning Sciences 32:4 (1998), 265-276.