Institutions and Drug Markets

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Description

This thesis examines how drug policy and enforcement affect drug manufacturers. The approach taken is a comparative institutional analysis of cannabis and methamphetamine production. I focus on the effects of prohibition, privacy, and clandestine markets on producer behavior for these two drugs and the unintended consequences that result. I demonstrate that cannabis and methamphetamine producers both face substantial transaction costs and that producers alter their behavior to manage these transaction costs. I conclude that cannabis producers can adopt indoor, small-scale operations to hide their activity, which are capable of yielding continuous, high-potency crops. Methamphetamine producers also adopt small-scale, decentralized strategies, ... continued below

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Haddock, Billy Dean May 2005.

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This thesis is part of the collection entitled: UNT Theses and Dissertations and was provided by UNT Libraries to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 284 times . More information about this thesis can be viewed below.

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  • Haddock, Billy Dean, Jr

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Description

This thesis examines how drug policy and enforcement affect drug manufacturers. The approach taken is a comparative institutional analysis of cannabis and methamphetamine production. I focus on the effects of prohibition, privacy, and clandestine markets on producer behavior for these two drugs and the unintended consequences that result. I demonstrate that cannabis and methamphetamine producers both face substantial transaction costs and that producers alter their behavior to manage these transaction costs. I conclude that cannabis producers can adopt indoor, small-scale operations to hide their activity, which are capable of yielding continuous, high-potency crops. Methamphetamine producers also adopt small-scale, decentralized strategies, but commodity control increases their exposure and leads to greater overall transaction costs during the manufacturing process.

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UNT Theses and Dissertations

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  • May 2005

Added to The UNT Digital Library

  • Feb. 15, 2008, 4:08 p.m.

Description Last Updated

  • Jan. 16, 2014, 4:39 p.m.

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Citations, Rights, Re-Use

Haddock, Billy Dean. Institutions and Drug Markets, thesis, May 2005; Denton, Texas. (digital.library.unt.edu/ark:/67531/metadc4777/: accessed September 26, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; .