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. Author manuscript; available in PMC: 2015 Jan 29.
Published in final edited form as: Public Health Rev. 2014;35(2):1–18. doi: 10.1007/BF03391701

Table 2.

Findings from the Literature of the Effects of Price on Regular (Past Month) Use

Policy Summary Estimates Studies Age of sample
Monetary price −1.01 to −1.51 (full demand elasticity); −0.7 to −1.0 (30 day participation elasticity). Nisbet and Vakil (1972) College students – own sample
−0.24 (30 day participation elasticity) Williams et al (2004) College students – Harvard College Alcohol Study (HCAS)
−0.26 (30 day participation elasticity) Williams et al (2006) College students - HCAS
−.40 ( full demand elasticity) Clements and Zhao (2009) Full population
−0.28 – 0.31 (30 day participation elasticity) Gallet (2013) Mixed populations
Decriminalization No effect on prevalence or frequency of use Thies & Register (1993) ; Pacula (1998) NLSY79 Young adults (ages 19-30)
Past month use participation elasticity: 0.07-0.09. Saffer and Chaloupka (1999). 1988, 1990, 1991 NHSDA (includes illicit drug prices)
Penalties −0.008 effect of median fine on thirty day use. No effect on frequency of use Farrelly et al (1999)
*controls for enforcement too
1991-1994, 1996 NSDUH (ages 21 to 30)
Median fine insignificant Williams et al (2004) College students – HCAS
Enforcement Crime per officer ratio positive and significant (elasticity not specified) Pacula (1998) NLSY79 (young adults ages 19-26)
Past month participation elasticity for MJ arrests to users: −0.157 to −0.176 Farrelly et al (1999)
*Monetary price included
1991-1994, 1996 NHSDA (ages 21 to 30)