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by davegardner
3432 days ago
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'Curbing the epidemic: Governments and the economics of tobacco control'[1], World Bank, Washington DC, 1999, pp. 37–45 and C Gallet and J List, 'Cigarette demand: meta-analysis of elasticities'[2], Health Economics, 12/10, 2003, pp. 821–835. According to a systematic review of studies of tobacco elasticities the average price elasticity for teenagers was -1.43 and -0.76 for young adults. As such, a 10% increase in tobacco price could be expected to decrease the tobacco consumption of teenagers by around 14%, and that of young adults by around 7.6%. [1] http://documents.worldbank.org/curated/en/914041468176678949... [2] http://onlinelibrary.wiley.com/doi/10.1002/hec.765/abstract |
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