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The Australian Parliament has passed legislation compelling tobacco products to be sold in “plain packaging”. This paper reviews this legislation and its likely effects on prices, market structure in the tobacco industry and on smoking behaviour. Industry changes following two previous sets...
Persistent link: https://www.econbiz.de/10014041026
In this paper we empirically analyse two counterfactual situations facing an anti-trust authority following the merger of two of the largest international cigarette companies. First we estimate a nested logit model of demand for cigarettes. The implied elasticity of demand for smoking and...
Persistent link: https://www.econbiz.de/10013136009
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In this paper we empirically analyse two counterfactual situations facing an antitrust authority following the merger of two of the largest international cigarette companies. First we estimate a random coeffi cients model of the demand for cigarettes. The implied elasticity of demand for smoking...
Persistent link: https://www.econbiz.de/10013079714