Cigarette consumption in Greece: empirical evidence from cointegration analysis
This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 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 an increase in the price.
Year of publication: |
1997
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Authors: | Hondroyiannis, George ; Papapetrou, Evangelia |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 4.1997, 9, p. 571-574
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Publisher: |
Taylor & Francis Journals |
Saved in:
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