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The price elasticity of demand for illicit drugs: A systematic review

Payne, Jason; Manning, Matthew; Fleming, Christopher; Pham, Hien-Thuc

Description

Three pillars—harm reduction, demand reduction and supply reduction—underpin the harm minimisation framework of Australia’s drug policy. Much of the activity undertaken by law enforcement is aimed at reducing the availability of illicit drugs and thereby increasing price and reducing demand. This article presents a contemporary, systematic review of research exploring the price elasticity of demand for illicit drugs. Overall, the results indicate that the demand for illicit drugs is, on...[Show more]

CollectionsANU Research Publications
Date published: 2020
Type: Journal article
URI: http://hdl.handle.net/1885/264179
Source: Trends and Issues in Crime and Criminal Justice
DOI: 10.52922/ti04800
Access Rights: Free Access via publisher website

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