Estimating the Demand for Cigarettes in Greece: An Error Correction Model
Agelike Nikolaou and
Kostas Velentzas
Agricultural Economics Review, 2001, vol. 02, issue 1, 8
Abstract:
This paper provides an empirical analysis of cigarette consumption in Greece for the period 1960-1995 using the recent developments on cointegration techniques and error correction models. It was found that the empirical model performs well on both theoretical and statistical grounds. Short- and long-run impacts of price and income changes on cigarette demand were obtained and found to be small.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aergaa:26432
DOI: 10.22004/ag.econ.26432
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