CIGARETTE CONSUMPTION IN GREECE - EMPIRICAL-EVIDENCE FROM COINTEGRATION ANALYSIS

Citation
G. Hondroyianniss et E. Papapetrou, CIGARETTE CONSUMPTION IN GREECE - EMPIRICAL-EVIDENCE FROM COINTEGRATION ANALYSIS, Applied economics letters, 4(9), 1997, pp. 571-574
Citations number
13
Categorie Soggetti
Economics
Journal title
ISSN journal
13504851
Volume
4
Issue
9
Year of publication
1997
Pages
571 - 574
Database
ISI
SICI code
1350-4851(1997)4:9<571:CCIG-E>2.0.ZU;2-S
Abstract
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.