Evo, Pablo, Tony, Diego, and Sonny : General Equilibrium Analysis of the Illegal Drugs Market

Evo, Pablo, Tony, Diego, and Sonny : General Equilibrium Analysis of the Illegal Drugs Market / Chumacero, Romulo A

This paper presents a general equilibrium model for the production, trafficking, and consumption of illegal drugs which endogenously determines relative prices and quantities. The model is calibrated to characterize the market for cocaine and is used to analyze the effects of three types of policies...

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Détails bibliographiques
Auteurs principaux:Chumacero, Rómulo A.
Format: Online-Resource
Langue:English
Publié:Washington, D.C : The World Bank, 2008
Sujets:
Consumers
Consumption
Currencies and Exchange Rates
Debt Markets
Economic Theory and Research
Equilibrium
Finance and Financial Sector Development
General Equilibrium Analysis
Government expenditures
Growth rate
Macroeconomics
Macroeconomics and Economic Growth
Markets and Market Access
Optimization
Production function
Production functions
Utility function
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