1.

Record Nr.

UNINA9910455089703321

Autore

Clements Kenneth W. <1950->

Titolo

Economics and marijuana [[electronic resource] ] : consumption, pricing and legislation / / Kenneth W. Clements, Xueyan Zhao

Pubbl/distr/stampa

New York, : Cambridge University Press, c2009

ISBN

1-107-21146-8

1-107-42147-0

9786612402500

0-511-65644-0

0-511-65830-3

0-511-65559-2

0-511-65699-8

Descrizione fisica

1 online resource (xviii, 442 pages)

Altri autori (Persone)

ZhaoXueyan <1971->

Disciplina

338.1/33790994

Soggetti

Marijuana industry - Australia

Marijuana - Economic aspects - Australia

Marijuana industry

Marijuana - Economic aspects

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- Microeconometric evidence on marijuana consumption -- The pricing of marijuana -- More on the economic determinants of consumption -- Decriminalising and legalising marijuana -- Are Australians unique? -- Perspectives.

Sommario/riassunto

Do marijuana users cut back on consumption when the price rises? To what degree is marijuana consumption related to drinking and tobacco usage? What would happen if marijuana were legalised and taxed in the same way as alcohol and tobacco? Is marijuana priced in a similar way to other goods? Economics and Marijuana deals with these and other questions by drawing on a rich set of data concerning the consumption and pricing of marijuana in Australia, a country where the drug has been decriminalised in some, but not all, states. The book applies the



economic approach to drugs to analyse consumption, pricing and the economics of legalising the use of marijuana. The result is a fascinating analysis of this widely used, but little understood illicit drug that provides much needed information and policy advice for a wide range of readers, including economists, policy makers and health professionals.