G. Hondroyianniss et E. Papapetrou, CIGARETTE CONSUMPTION IN GREECE - EMPIRICAL-EVIDENCE FROM COINTEGRATION ANALYSIS, Applied economics letters, 4(9), 1997, pp. 571-574
This paper provides an empirical analysis of cigarette consumption in
Greece using the recent Johansen cointegration procedure for the perio
d 1960-1990. Income and price elasticities for the long-run and short-
run period are estimated. In addition the findings suggest that health
warnings in consumption are more effective in reducing smoking than a
n increase in the price.