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Carrieri, Vincenzo, Madio, Leonardo and Principe, Francesco (2020) Do-It-Yourself medicine? The impact of light cannabis liberalization on prescription drugs. Journal of Health Economics (74).
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Abstract
Governments worldwide are increasingly concerned about the booming use of CBD (cannabidiol)
products. However, we know little about the impact of their liberalization. We study a unique case of
unintended liberalization of a CBD-based product (light cannabis) that occurred in Italy in 2017.
Using unique and high-frequency data on prescription drug sales and by exploiting the staggered local
availability of the new product in each Italian province, we document a significant substitution effect
between light cannabis and anxiolytics, sedatives, opioids, anti-depressants and anti-psychotics.
Results are informative for regulators and suggest that bans on light cannabis use would disregard the
needs of patients to seek effective reliefs of their symptoms.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | December 2020 |
| Refereed: | Yes |
| Uncontrolled Keywords: | Light cannabis, self-medication, marijuana, difference-in-difference, prescription drugs, CBD. |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 09 Sep 2020 14:19 |
| Last Modified: | 13 Mar 2021 12:27 |
| OAI Identifier: | oai:tse-fr.eu:124652 |
| URI: | https://publications.ut-capitole.fr/id/eprint/41762 |
