Jin Long Liu|Jin Tan Liu|James K. Hammitt|Shin?Yi Chou
The price elasticity of opium in Taiwan, 1914–1942
National Central University|Academia Sinica|National Taiwan University|Harvard University Press|Duke University
1895 1945 japanese colonial government virtually eliminated opium use taiwan licensing treating existing users prohibiting sales others raising price evaluate policies using twopart model describe fraction population using opium consumption among users rational addiction model becker et al 1991 confirm opium addictive find evidence supporting rational addiction hypothesis demand priceelastic estimated short longrun demand elasticities 048 138 results implications control addictive substances