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The Price and Purity of Illicit Drugs: 1981-2007

The Price and Purity of Illicit Drugs: 1981-2007

  1. braindead
    The Price and Purity of Illicit Drugs: 1981-2007

    Arthur Fries, Robert W. Anthony, Cseko, Jr, Andrew, Carl C. Gaither, Eric Schulman


    09/2008;
    ABSTRACT This paper updates estimates of the price and purity of selected illicit drugs (powder cocaine, crack cocaine, heroin, d-methamphetamine, and marijuana) published by the Office of National Drug Control Policy (ONDCP) in 2004. The time period spanned by the present analyses is 1981 through 2007, adding 18 quarters onto the extent covered in the preceding report. All estimates are derived from records in the System To Retrieve Information from Drug Evidence (STRIDE) database maintained by the Drug Enforcement Administration, and furnished to IDA by ONDCP. STRIDE data records, more than a million in number, are based on seizures and undercover purchases of illicit drugs. As directed by ONDCP, the primary estimation methodology for generating our price and purity time series is essentially identical to the formal econometric modeling approach used in the 2004 study. This paper is accompanied by a Technical Report, IDA Paper P-4370, which provides supporting and related analyses.