Increasing Excise Duty on Tobacco Products: Implication for the Economy and/or Individuals

Jerry Badii

No 8wr6p, SocArXiv from Center for Open Science

Abstract: Excise duty on tobacco products is a significant policy tool used to reduce tobacco consumption and its associated health and economic burden on society. This study analyses the implications of increasing excise duty on tobacco products on the Ghanaian Economy. Increasing excise duty leads to higher prices for tobacco products, which can reduce consumption, hence improving public health outcomes and increasing productivity. The government can generate additional revenue from higher excise duties, which can be allocated to healthcare services and public welfare programs.

Date: 2024-06-21
New Economics Papers: this item is included in nep-hea
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:8wr6p

DOI: 10.31219/osf.io/8wr6p

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