Proceedings of the 2017 International Conference on Economics, Finance and Statistics (ICEFS 2017)

Demand for Narcotics in Thailand and Policy Implications

Authors
Renu Sukharomana
Corresponding Author
Renu Sukharomana
Available Online January 2017.
DOI
10.2991/icefs-17.2017.57How to use a DOI?
Keywords
Price Elasticity of Demand, Narcotics, Amphetamine, Ice Drug, Marijuana, Policy Implications, Thailand
Abstract

This paper examines that the demand for narcotic drugs based on Becker (1968) is one kind of rational behavior of human beings. The results from sampling surveys in eight provinces representing nationwide drug user/addicted in Thailand in 2014 shows that demand for narcotics (amphetamine, ice drug and marijuana) are price inelastic between -0.533 and -0.701, as well as normal goods. The coefficients in models A and B are 0.192 and 0.0467, respectively, so that an increase in income will raise demand for narcotics. In addition, factors affecting demand for narcotics are the age of user, age squared, friendship, family member relationship, social relationship, reason to drug use, risk behavior, and expected punishment. Some policy implications are proposed based on the demand side

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2017 International Conference on Economics, Finance and Statistics (ICEFS 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
January 2017
ISBN
978-94-6252-311-1
ISSN
2352-5428
DOI
10.2991/icefs-17.2017.57How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Renu Sukharomana
PY  - 2017/01
DA  - 2017/01
TI  - Demand for Narcotics in Thailand and Policy Implications
BT  - Proceedings of the 2017 International Conference on Economics, Finance and Statistics (ICEFS 2017)
PB  - Atlantis Press
SP  - 436
EP  - 441
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefs-17.2017.57
DO  - 10.2991/icefs-17.2017.57
ID  - Sukharomana2017/01
ER  -