THE DEMAND FOR CIGARETTES IN TAIWAN: DOMESTIC VERSUS IMPORTED CIGARETTES
"This paper uses annual time series data from Taiwan to empirically estimate the demand for cigarettes, in consideration of the import liberation of foreign cigarettes and of antismoking campaigns. The results indicate that the price elasticities for domestic and imported cigarettes are -0.6 and-1.1, respectively. The cross-price elasticities are 0.08 for domestic and 2.78 for imported cigarettes. The spread of cigarette health information has had a significantly negative effect on cigarette consumption. In addition, this study offers mild support to the argument that opening the market to imported cigarettes has resulted in significant increases in overall cigarette consumption. (JEL" D12, 118) Copyright 1999 Western Economic Association International.
Year of publication: |
1999
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Authors: | HSIEH, CHEE-RUEY ; HU, TEH-WEI ; LIN, CHIEN-FU JEFF |
Published in: |
Contemporary Economic Policy. - Western Economic Association International - WEAI, ISSN 1074-3529. - Vol. 17.1999, 2, p. 223-234
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Publisher: |
Western Economic Association International - WEAI |
Saved in:
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