The Price Elasticity of Hard Drugs: The Case of Opium in the Dutch East Indies, 1923-1938.

S-Tier
Journal: Journal of Political Economy
Year: 1995
Volume: 103
Issue: 2
Pages: 261-79

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

At the beginning of this century, the Dutch government controlled the opium market in the Dutch East Indies--nowadays Indonesia--for several decades. This state monopoly was called the opiumregie. Using information gathered during the opiumregie, this paper estimates price elasticities of opium consumption. It appears that short-term price elasticities of opium use are about -0.7. Long-term price elasticities are about -1.0. Copyright 1995 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:103:y:1995:i:2:p:261-79
Journal Field
General
Author Count
1
Added to Database
2026-01-29