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Heterogeneous health effects of medical marijuana legalization: Evidence from young adults in the United States
Author(s) -
Chay Junxing,
Kim Seonghoon
Publication year - 2022
Publication title -
health economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.55
H-Index - 109
eISSN - 1099-1050
pISSN - 1057-9230
DOI - 10.1002/hec.4452
Subject(s) - legalization , health insurance , environmental health , young adult , public economics , psychology , demographic economics , business , economics , actuarial science , medicine , gerontology , economic growth , health care , psychiatry
Legalizing marijuana for medical purposes is a longstanding debate. However, evidence of marijuana's health effects is limited, especially for young adults. We estimate the health impacts of medical marijuana laws (MML) in the U.S. among young adults aged 18–29 years using the difference‐in‐differences method and data from the Behavioral Risk Factors Surveillance System. We find that having MMLs with strict regulations generate health gains, but not in states with lax regulations. Our heterogeneity analysis results indicate that individuals with lower education attainments, with lower household income and without access to health insurance coverage gain more health benefits from MML with strict regulations than from MML with lax regulations. The findings suggest greater net health gains under strict controls concerning marijuana supply and access.