2000
DOI: 10.1016/s1574-0064(00)80042-6
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Chapter 29 The economics of smoking

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Cited by 482 publications
(406 citation statements)
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“…For both models the estimated price elasticity (PRICE) is around −0.4, a figure that is very much in line with earlier estimates (Chaloupka and Warner 2000;Gallet and List 2003;U.S. Department of Health and Human Services 2000).…”
Section: Pooled Resultssupporting
confidence: 88%
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“…For both models the estimated price elasticity (PRICE) is around −0.4, a figure that is very much in line with earlier estimates (Chaloupka and Warner 2000;Gallet and List 2003;U.S. Department of Health and Human Services 2000).…”
Section: Pooled Resultssupporting
confidence: 88%
“…A positive sign on CONS it−1 would imply the presence of a habit-forming smoking effect (Baltagi and Levin 1986); the own-price effect would be negative, although the resulting elasticity could vary (Chaloupka and Warner 2000;Goel and Nelson 2008;U.S. Department of Health and Human Services 2000).…”
Section: Base Modelmentioning
confidence: 99%
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“…The majority of existing studies have looked at the effects of various anti-smoking policies on cigarette demand, including tax increases, advertising restrictions, smoking bans and restrictions, counter-advertising, etc. (see Chaloupka and Warner, 2000, for a review). Relatively few, however, have tried to study the effects of anti-smoking policies on the market structure of the cigarette industry.…”
Section: The Existing Literaturementioning
confidence: 99%
“…The demand side parameters are chosen to match two important measures of the market: the price elasticity of demand and the price cost mark-up. According to a survey by Chaloupka and Warner (2000), the estimated price elasticity of demand falls in the range −0.3 to −0.5. As for the price cost mark-up, based on the estimated revenue and cost given in Burlow and Klemperer (1998), the implied figure is 71.3%.…”
Section: The Calibration Of Baseline Parametersmentioning
confidence: 99%