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Economic Aspects of Illicit Drug Markets and Drug Enforcement Policies
Author(s) -
WAGSTAFF ADAM
Publication year - 1989
Publication title -
british journal of addiction
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.424
H-Index - 193
eISSN - 1360-0443
pISSN - 0952-0481
DOI - 10.1111/j.1360-0443.1989.tb00713.x
Subject(s) - enforcement , illicit drug , public economics , drug , business , drug trafficking , law enforcement , economics , actuarial science , medicine , political science , criminology , pharmacology , law , psychology
Summary This paper reviews the economics literature on illicit drug markets and drug enforcement policies. The first pan of the paper examines the problems involved in establishing the parameters of the illicit market. The second part of the paper examines the contribution economics can make to the evaluation of drug enforcement policies: the discussion covers the determination of both the appropriate level of enforcement expenditure and the appropriate mix of policy measures.