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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Main Authors:Chumacero, Rómulo A.
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : The World Bank, 2008
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