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Participation in marijuana, cocaine and heroin consumption in Australia: A multivariate probit approach Srivastava, P and Zhao, X 2009, 'Participation in marijuana, cocaine and heroin consumption in Australia: A multivariate probit approach', Applied Economics, vol. 41, no. 4, pp. 481-496. Document type: Journal Article Collection: Journal Articles Title Participation in marijuana, cocaine and heroin consumption in Australia: A multivariate probit approach Author(s) Srivastava, P Zhao, X Year 2009 Journal name Applied Economics Volume number 41 Issue number 4 Start page 481 End page 496 Total pages 16 Publisher Routledge Abstract This article investigates factors affecting the participation in marijuana, cocaine and heroin using micro-unit data from an Australian national survey on recreational drugs. Accounting for cross-drug correlation potentially induced by unobserved personal characteristics such as individual tastes and addictive personalities, we estimate a trivariate probit model, where the participation decisions are jointly modelled as a system with correlated error terms. The estimated correlation coefficients are significant across all three drugs. The study provides valuable empirical information on conditional and joint probabilities of drug participation. The multivariate approach is shown to provide better analysis relative to a univariate approach that does not address the endogeneity of all drug participation variables Subject Applied Economics not elsewhere classified Cross-Sectional Analysis DOI - identifier 10.1080/00036840701522853 Copyright notice © 2009 Taylor & Francis ISSN 0003-6846 Related Links Link Description http://dx.doi.org/10.1080/00036840701522853 Link to Published Version   Versions Version Filter Type Mon, 25 Feb 2013, 12:20:24 EST Wed, 18 Jun 2014, 23:53:44 EST Filtered Full Citation counts:   Cited 10 times in Thomson Reuters Web of Science Article | Citations Cited 8 times in Scopus Article | Citations Altmetric details: Access Statistics: 128 Abstract Views  -  Detailed Statistics Created: Mon, 25 Feb 2013, 12:01:00 EST by Catalyst Administrator