'No drugs in my back yard:' The ambivalent reception of cannabis retailers
| Autor: | Rafael Perez Ribas, L. Michelle Bruijn |
|---|---|
| Přispěvatelé: | Empirical Legal Studies, Public Trust and Public Law |
| Rok vydání: | 2022 |
| Předmět: |
Job creation
History Labour economics Organizational Behavior and Human Resource Management Economics and Econometrics Polymers and Plastics biology Decriminalization biology.organism_classification Ambivalence Industrial and Manufacturing Engineering Drug market Yard Property crime Cannabis Business Business and International Management |
| Zdroj: | Journal of Economic Behavior & Organization, 199, 103-121. ELSEVIER SCIENCE BV |
| ISSN: | 0167-2681 |
| Popis: | Can individuals’ aversion to drug markets curb the benefits of decriminalization? We investigate the effect of two policies on housing demand in the Netherlands: the distance-to-school criterion, which closed some cannabis shops in a few cities; and the zero-tolerance policy, which banned shops within municipal jurisdictions. While a small increase in the distance to retailers raised house prices by 1–5%, a substantial increase reduced them by 1–6%. Both policies reduced property crime, but the zero-tolerance was also related to fewer jobs. Our findings reveal that cities benefit from having cannabis shops, but households’ aversion to related nuisances depreciates surrounding areas. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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