Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282282 
Year of Publication: 
2022
Citation: 
[Journal:] Atlantic Review of Economics (ARoEc) [ISSN:] 2174-3835 [Volume:] 5 [Issue:] 1 [Year:] 2022 [Pages:] 1-31
Publisher: 
Colegio de Economistas de A Coruña, A Coruña
Abstract (Translated): 
The main purpose of this research is to prove if the price of the addictive substances and the consumer's income are determinants of the consumption of alcohol, tobacco, marijuana and cocaine in Mexico. The contribution of this work is supported by the different way of consumption, addictive or not, applying longitudinal panel model in order to consider time series and cross - section to the data set to prove Becker, Grossman and Murphy's (1991) "economic rationality" theory on addictive behaviors hypothesis. The results show that alcohol consumption responds on changes on consumer's income. The tobacco consumption decreases if its price arises and its demand increases in the same way that consumer's income. Related to Marijuana and Cocaine, price elasticities are zero while an increase in consumer's income increases too de substances demand. Concluding remarks show that economic factors as price and income are irrelevant for cocaine and marijuana consumption, in this sense, legalization constitutes a best way to control their production, distribution and consumption.
Subjects: 
Adicciones
mariguana
cocaína
alcohol
tabaco
sustancias adictivas
adicción racional
Panel Espacial
Addictions
marijuana
cocaine
alcohol
tobacco
addictive substances
rational addiction
Spatial Pool
JEL: 
A12
A13
C01
C23
D91
D12
I12
R19
R22
Document Type: 
Article

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