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Recent studies have shown that efforts to curb alcohol use by increasing the price of alcohol and limiting youth … complements, sot that increasing the price of any one will decrease the demand for marijuana. The results of this paper will help …
Persistent link: https://www.econbiz.de/10012471867
price of cigarettes as a way to discourage youths from smoking. One argument used to oppose these bills is that increases in … the price of cigarettes would cause youths to substitute marijuana for cigarettes. Although it has long been believed that …. Examination of the cross-price effects clearly shows that higher cigarette prices will not increase marijuana use among youths. In …
Persistent link: https://www.econbiz.de/10012471868
the price elasticity of demand for each observation and report the average price elasticity across all observations or … report the price elasticity of demand at the mean of the price variable. Policy makers rely on these average price elasticity … estimates for public health and revenue generation purposes. The use of an average price elasticity may yield misleading …
Persistent link: https://www.econbiz.de/10012456425