By Frank J. Chaloupka, Michael Grossman, Warren K. Bickel, Henry Saffer
Traditional knowledge as soon as held that the call for for addictive elements like cigarettes, alcohol, and medicine was once not like that for the other monetary sturdy and, for that reason, unresponsive to standard marketplace forces. lately, notwithstanding, researchers from disparate fields, economics and behavioral psychology, have chanced on that raises within the total fee of an addictive substance can considerably lessen either the variety of clients and the quantities these clients eat. adjustments within the "full expense" of addictive substances—including financial price, time outlay, attempt to acquire, and capability consequences for unlawful use—yield marked diversifications in behavioral results and demand.The monetary research of Substance Use and Abuse brings those detailed fields of research jointly and provides for the 1st time an built-in evaluation in their information and effects. precise and cutting edge, this multidisciplinary quantity will function a huge source within the present debates pertaining to alcohol and drug use and abuse and the affects of legalizing illicit medications.
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Additional resources for The Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic Research (National Bureau of Economic Research Conference Report)
Results for other model variables generally are consistent with expectations. Greater family income is associated with a reduced likelihood of current use of either cigarettes or snuff. White Hispanics and blacks are less likely to use either cigarettes or snuff than white non-Hispanics. Individuals in farming and forestry occupations are less likely to use cigarettes but are more likely to use snuff, whereas those in service occupations are more likely to smoke but are less likely to use snuff, compared to reference occupations.
And Raymond G. Boyle. 1994. Tobacco excise taxes and rates of smokeless tobacco use in the United States: An exploratory ecological analysis. Tobacco Control 3:316-23. , Raymond G. Boyle, and Eli Capilouto. 1997. Effects of tobacco excise taxes on the use of smokeless tobacco products in the United States. Health Economics 6:525-31. Phelps, Charles. 1988. Death and taxes: An opportunity for substitution. Journal of Health Economics 7: 1-24. , and G. S. Maddala. 1983. Multiple model testing for non-nested heteroskedastic censored regression models.
Use of smokeless tobacco among adultsUnited States, 1991. Morbidity and Mortality Weekly Report 42:263-66. - - - . 1993b. Cigarette smoking among adults-United States, 1991. Morbidity and Mortality Weekly Report 42:230-33. Chaloupka, Frank J. 1991. Rational addictive behavior and cigarette smoking. Journal of Political Economy 99:722-42. , Michael Grossman, and John A. Tauras. 1996. Public policy and youth smokeless tobacco use. NBER Working Paper no. 5524. : National Bureau of Economic Research.