Opioids and the Labor Market

Aliprantis, Dionissi; Fee, Kyle; Schweitzer, Mark E.

doi:10.2139/ssrn.3179068

Cited by 9 publications

(15 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…When analyzing the relationship in the opposite direction, they find that there is no clear relationship between economic conditions and the abuse of opioids. The findings of Aliprantis et al (2019) are largely in line with these results: Increases in the local opioid prescription rate decrease prime-age employment rates for both males and females; however, short-term unemployment shocks were not associated with the share of people abusing prescription opioids.…”

Section: Introductionsupporting

confidence: 73%

“…With our focus on entrepreneurial activity and new business formation of in particular relatively small firms, we analyzed different labor market characteristics than Harris et al (2019), Currie et al (2019), and Aliprantis et al (2019). We enrich their findings that opioid prescription rates are negatively related to labor force participation rates, employment-to-population ratios, and unemployment rates by providing additional evidence that higher opioid description rates primarily make individuals leave the labor force as there seems to be only a weak relationship with new business formation.…”

Section: Discussionmentioning

confidence: 99%

“…The few studies analyzing the relationship between opioid prescription rates and employment rates all highlight the adverse effects on labor force participation rates and unemployment rates. The studies by Harris et al (2019), Currie et al (2019), and Aliprantis et al (2019) also highlight that this relationship may differ depending on the use or misuse of opioids. That is, the therapeutic potential of opioids may enhance labor force participation but the illegitimate uses may adversely affect it by making it harder to perform at an adequate level in wage work.…”

Section: Literature Backgroundmentioning

confidence: 99%

“…Increases in the local opioid prescription rate decrease prime-age employment rates for both males and females (Aliprantis et al 2019), primarily by making people leave the labor force entirely (Harris et al 2019). The likelihood of business start-up is highest for individuals in this age category (Levesque and Minniti 2006), because of their levels of human capital and occupational experience.…”

Section: Literature Backgroundmentioning

confidence: 99%

See 3 more Smart Citations

Prescription opioids and new business establishments

Rietveld

Patel

2020

Small Bus Econ

View full text Add to dashboard Cite

The effects of opioid abuse on health are widely documented, however, its effects on labor market outcomes have only recently become a topic of scientific inquiry. Whereas recent economic studies focus on various measures of labor market participation, the present study analyzes whether opioid prescription rates are associated with the impetus for entrepreneurial activity. By drawing on samples of US counties and US neighbor county-pairs across state borders from the years 2007 to 2016, we find that higher opioid prescription rates are associated with fewer non-employer establishments and new firms employing 1-4 employees. In an ancillary analysis of 50 US states from the years 2006 to 2016, we further show that opioid prescription rates are associated with lower entrepreneurial activity in general and opportunity-based entrepreneurial activity in particular. Overall, both the county-level and state-level analyses show that a higher rate of opioid prescriptions is negatively associated with new business formation. Although the estimated effect sizes are small, they are sizeable in absolute terms.

show abstract

Section: Introductionsupporting

confidence: 73%

Section: Discussionmentioning

confidence: 99%

Section: Literature Backgroundmentioning

confidence: 99%

Section: Literature Backgroundmentioning

confidence: 99%

See 2 more Smart Citations

Prescription opioids and new business establishments

Rietveld

Patel

2020

Small Bus Econ

View full text Add to dashboard Cite

show abstract

“…These figures show that our measure is strongly correlated with the 2004-2005 misuse rate and the 2008-2009 misuse rate (panel A of online Appendix Figure A.2), demonstrating that the measure is stable over time. 27 Using ARCOS data, we also show that there is a strong correlation between OxyContin misuse and the per capita legal supply of oxycodone (panel A of online Appendix Figure A.3). Finally, rates of OxyContin misuse are also positively correlated with OxyContin prescription claims from the MEPS (panel B of online Appendix Figure A.3).…”

Section: Variation In Initial Oxycontin Misusementioning

confidence: 65%

Supply-Side Drug Policy in the Presence of Substitutes: Evidence from the Introduction of Abuse-Deterrent Opioids

Alpert

Powell

Pacula

2018

American Economic Journal: Economic Policy

161

139

View full text Add to dashboard Cite

Overdose deaths from prescription opioid pain relievers nearly quadrupled between 1999 and 2010. We study the consequences of one of the largest supply disruptions to date to abusable opioids—the introduction of an abuse-deterrent version of OxyContin in 2010. Supply-side interventions that limit access to opioids may have the unintended consequence of increasing use of substitute drugs, including heroin. Exploiting cross-state variation in OxyContin exposure, we find that states with the highest initial rates of OxyContin misuse experienced the largest increases in heroin deaths. Our results imply that the recent heroin epidemic is largely due to the reformulation of OxyContin. (JEL I12, I18)

show abstract

The Decline in the U.S. Labor Force Participation Rate: A Literature Review

Pérez‐Arce

Prados

2020

Journal of Economic Surveys

View full text Add to dashboard Cite

After peaking around the year 2000, the Labor Force Participation Rate (LFPR) of Americans declined substantially. The weakening in LFPR was faster after the financial crisis of 2007, the Great Recession. Since 2015, the LFPR has remained at its lowest in four decades. This paper constitutes a comprehensive review of the literature investigating the causes of the LFPR's recent decline. We determine what is known and identify the remaining gaps. The literature reviewed signals multiple causes behind this decline. Trend factors, such as long-running demographic patterns, explain an important part of the decline. The research on the extent to which the Great Recession caused the decline establishes that most of the drop cannot be attributed to cyclical factors. Part of the decline in LFPR can be attributed to factors such as technological innovations and trade, which affect the participation rates of specific subpopulations, as well as to changes in social programs, like Social Security Disability Insurance. Some subpopulation trends are clear, but their ultimate causes are not fully understood, as is the case for the LFPRs of women and youth. We list these factors and point to important areas for future research.

show abstract

Opioids and the Labor Market

Cited by 9 publications

References 34 publications

Prescription opioids and new business establishments

Prescription opioids and new business establishments

Supply-Side Drug Policy in the Presence of Substitutes: Evidence from the Introduction of Abuse-Deterrent Opioids

The Decline in the U.S. Labor Force Participation Rate: A Literature Review

Contact Info

Product

Resources

About