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政大機構典藏 > 社會科學學院 > 財政學系 > 期刊論文 > Item 140.119/112442

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/112442

Title:	Optimal Drug Policy in Low-Income Neighborhoods
Authors:	張勝文 Chang, Sheng Wen Coulson, N. Edward Wang, Ping
Contributors:	財政系
Date:	2016-10
Issue Date:	2017-08-31 13:48:08 (UTC+8)
Abstract:	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.
Relation:	Journal of Public Economic Theory, 18(5), 726-751
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1111/jpet.12147
DOI:	10.1111/jpet.12147
Appears in Collections:	[財政學系] 期刊論文

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