Law Enforcement, the Price of Cocaine and Cocaine Use
In this paper the author investigates the relationship between law enforcement and the price and use of cocaine. He merges data from the Drug Enforcement Administration's (DEA) STRIDE (System to Retrieve Information from Drug Evidence) and MTF (Monitoring the Future). In particular, the author applies a variety of grouped data estimators and relates these estimators to instrumental variables techniques, quasi-experiments, and classical experimental designs. The author finds no evidence that regional and time variation in DEA seizures of cocaine is helpful in explaining variation in either the demand or price of cocaine.