Artikel
Links between the Eurozone stock markets: A new perspective, considering the capitalization level
Recent legalizations of cannabis at the state level in the United States have given rise to renewed interest in the price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced data on prices, qualities, and consumption of cannabis across regional markets in the United States to estimate the price elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing recreational cannabis use would be lucrative for government treasuries.
- Sprache
-
Englisch
- Erschienen in
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Journal: Revista de Métodos Cuantitativos para la Economía y la Empresa ; ISSN: 1886-516X ; Volume: 23 ; Year: 2017 ; Pages: 194-209 ; Sevilla: Universidad Pablo de Olavide
- Klassifikation
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Wirtschaft
Portfolio Choice; Investment Decisions
International Financial Markets
- Thema
-
european stock markets
cap segments
vector autoregressive
cointegration
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gabriel, Vítor
Saraiva, Helena
- Ereignis
-
Veröffentlichung
- (wer)
-
Universidad Pablo de Olavide
- (wo)
-
Sevilla
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gabriel, Vítor
- Saraiva, Helena
- Universidad Pablo de Olavide
Entstanden
- 2017
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