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題名: | Optimal Drug Policy in Low-Income Neighborhoods | 作者: | 張勝文 Chang, Sheng Wen Coulson, N. Edward Wang, Ping |
貢獻者: | 財政系 | 日期: | 十月-2016 | 上傳時間: | 31-八月-2017 | 摘要: | The control of drug activity currently favors supply-side policies: drug suppliers in the United States face a higher arrest rate and longer sentences than demanders. We construct a simple model of drug activity with search and entry frictions in labor and drug markets. Our calibration analysis suggests a strong “dealer replacement effect.” As a result, given a variety of community objectives, it is beneficial to lower supplier arrests and raise the demand arrest rate from current values. A 10% shift from supply-side to demand-side arrests can reduce the population of potential drug dealers by 22–25,000 and raise aggregate local income by $380–$400 million, at 2002 prices. | 關聯: | Journal of Public Economic Theory, 18(5), 726-751 | 資料類型: | article | DOI: | http://dx.doi.org/10.1111/jpet.12147 |
Appears in Collections: | 期刊論文 |
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