Title

The Gradual Response Of Cigarette Demand To Health Information

Abstract

The paper focuses on the US cigarette industry and uses a gradual switching regression model to estimate changes in the US demand for cigarettes over time. This technique is found to be superior to the use of dummy variables in capturing the health scare. The results show that cigarette demand gradually decreased over a ten-year period coinciding with the release of key health information. Price and advertising elasticities have gradually diminished, which is consistent with a change in the mix of US consumers before and after the switch.

Publication Date

1-1-1999

Publication Title

Bulletin of Economic Research

Volume

51

Issue

3

Number of Pages

259-265

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1111/1467-8586.00084

Socpus ID

7244261109 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/7244261109

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