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During the 1980's and early 1990's, the cigarette markets in Japan, Taiwan, South Korea, and Thailand were opened to U.S. cigarettes through actions taken under Section 301 of the 1974 Trade Act and its subsequent amendments. Using pooled annual time-series data from ten Asian countries, the...
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After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior, demand equations are derived accounting for the tolerance, reinforcement, and withdrawal characteristic of addictive consumption. These are contrasted to equations developed...
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Cigarette demand equations, derived from the Becker-Murphy model of rational addictive behavior, are estimated separately for men and women. These demand equations account for the reinforcement, tolerance, and withdrawal factors characterizing addictive consumption. Results obtained from these...
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