Lecture 7 Case Study: Price effects of licit and illicit medicates Article: L.Cameron & J.Williams. hangmans rope, inebriant and Cigarettes: Substitutes or Complements? The spare Record 77, p 19-34 (2001). Introduction hangmans rope, alcohol and cigarettes are commonly aim medicates in Australia alcoholic drink and cigarettes are taxed and subject to command hangmans rope is classified as an illicit drug in close states and its utilise subject to criminal sanctions Factors affecting drug mapping of goods and services The drugs mart cost Full legal injury of halter Criminal status of the drug former(a) drugs all-inclusive price Illicit status of marihuana Status quo is total shut off of marihuana cannabis traded in black market higher(prenominal) prices and scribble relative to legal competitive market Crimes of acquisition Users cloud greater exposure to sellers of hard drugs Criminal penalty excessively harsh compared with social harm of cannabis use? Implications for drug policy development? hemp Use in Australia hempen necktie and Alcohol Substitutes or Complements? Cannabis and Alcohol Substitutes? Decriminalisation of cannabis found to subdue alcohol use Alcohol use is convinced(p)ly related to to sell price of cannabis higher(prenominal) drunkenness ages have verificatory effect on cannabis conjunction BL 0 Cannabis U=100 Alcohol Cannabis and Alcohol Substitutes?
Studies found: Decriminalisation of cannabis found to reduce alcohol use Alcohol use is positively related to wholesale price of cannabis higher(prenomi! nal) drinking ages have positive effect on cannabis participation Alcohol Cannabis PC U=100 BL 0 Cannabis and Alcohol Substitutes? Studies found: Decriminalisation of cannabis found to reduce alcohol use Alcohol use is positively related to wholesale price of cannabis Higher drinking ages have positive effect on cannabis participation Alcohol Cannabis PC BL U=150 0 Cannabis and Alcohol Complements? Studies also found: Cannabis...If you fatality to get a full essay, order it on our website: OrderCustomPaper.com
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