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previous literature and compares cigarette price elasticity estimated from many approaches. We estimate the elasticity by … elasticity of smoking participation ranges from -0.08 to -0.24 with an average of -0.16, and the price elasticity of cigarette …
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This chapter uses the marginal treatment effect (MTE) to unify and organize the econometric literature on the evaluation of social programs. The marginal treatment effect is a choice-theoretic parameter that can be interpreted as a willingness to pay parameter for persons at a margin of...
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