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Published on: November 11, 2013
The global recession's effect on drug demand--diluted by inertia
1Carnegie Mellon University Heinz College & Qatar Campus, 5000 Forbes Ave., Pittsburgh, PA 15237, USA. Caulkins@andrew.cmu.edu
Abstract:
Drug demand responds slowly to exogenous shocks because it is dominated by dependent users whose behaviours are slow to change. Hence, although the cumulative effect of the global recession may be large, it is not likely to produce an abrupt step-change in indicators driven by dependent use or total consumption.
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