G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3322
来源IDWorking Paper 3322
An Empirical Analysis of Cigarette Addiction
Gary S. Becker; Michael Grossman; Kevin M. Murphy
发表日期1990-04-01
出版年1990
语种英语
摘要We use a framework suggested by a model of rational addiction to analyze empirically the demand for cigarettes. The data consist of per capita cigarettes sales (in packs) annually by state for the period 1955 through 1985. The empirical results provide support for the implications of a rational addiction model that cross price effects are negative (consumption in different periods are complements), that long-run price responses exceed short-run responses, and that permanent price effects exceed temporary price effects. A 10 percent permanent increase in the price of cigarettes reduces current consumption by 4 percent in the short run and by 7.5 percent in the long run. In contrast, a 10 percent increase in the price for only one period decreases consumption by only 3 percent. In addition, a one period price increase of 10 percent reduces consumption in the previous period by approximately .7 percent and consumption in the subsequent period by 1.5 percent. These estimates illustrate the importance of the intertemporal linkages in cigarette demand implied by rational addictive behavior.
主题Public Economics
URLhttps://www.nber.org/papers/w3322
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560609
推荐引用方式
GB/T 7714
Gary S. Becker,Michael Grossman,Kevin M. Murphy. An Empirical Analysis of Cigarette Addiction. 1990.
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