| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10976 |
| 来源ID | Working Paper 10976 |
| The Economic Theory of Illegal Goods: The Case of Drugs | |
| Gary S. Becker; Kevin M. Murphy; Michael Grossman | |
| 发表日期 | 2004-12-13 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This paper concentrates on both the positive and normative effects of punishments that enforce laws to make production and consumption of particular goods illegal, with illegal drugs as the main example. Optimal public expenditures on apprehension and conviction of illegal suppliers obviously depend on the extent of the difference between the social and private value of consumption of illegal goods, but they also depend crucially on the elasticity of demand for these goods. In particular, when demand is inelastic, it does not pay to enforce any prohibition unless the social value is negative and not merely less than the private value. We also compare outputs and prices when a good is legal and taxed with outputs and prices when the good is illegal. We show that a monetary tax on a legal good could cause a greater reduction in output and increase in price than would optimal enforcement, even recognizing that producers may want to go underground to try to avoid a monetary tax. This means that fighting a war on drugs by legalizing drug use and taxing consumption may be more effective than continuing to prohibit the legal use of drugs. |
| 主题 | Microeconomics ; Households and Firms ; Welfare and Collective Choice ; Health, Education, and Welfare ; Health |
| URL | https://www.nber.org/papers/w10976 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568610 |
| 推荐引用方式 GB/T 7714 | Gary S. Becker,Kevin M. Murphy,Michael Grossman. The Economic Theory of Illegal Goods: The Case of Drugs. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10976.pdf（188KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
