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This paper presents the first ever statistical reconstruction of annual tobacco consumption in Italy from 1871 to 2010. The time series of total tobacco is disaggregated into its four major components (cigars, cigarettes, cut tobacco, and snuff), both in physical and monetary term. Our task was...
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This paper deals with one of the main theoretical and empirical problems associated with the rational addiction model, namely that the demand equation derived from the rational addiction theory is not empirically distinguishable from models with forward-looking behavior, but with...
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