Campus Units

Economics

Document Type

Article

Publication Version

Published Version

Publication Date

2005

Journal or Book Title

Economics Bulletin

Volume

9

Issue

8

First Page or Article ID Number

1

Last Page

11

Abstract

We conduct custom tests of structural change in a rational addiction model of cigarette demand estimated using a panel of annual time series of state−level data. In contrast to the one previous application of custom tests to the question of cigarette demand stability, our results provide strong evidence of downward shifts in demand during the modern era of health warnings and anti−smoking campaigns.

Comments

This is an article from Economics Bulletin 9 (2005): 1. Posted with permission.

Copyright Owner

Economics Bulletin

Language

en

File Format

application/pdf

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