Cigarette consumption in Greece: empirical evidence from cointegration analysis
George Hondroyiannis and
Evangelia Papapetrou
Applied Economics Letters, 1997, vol. 4, issue 9, 571-574
Abstract:
This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 1960-1990. Income and price elasticities for the long-run and short-run period are estimated. In addition the findings suggest that health warnings in consumption are more effective in reducing smoking than an increase in the price.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:4:y:1997:i:9:p:571-574
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DOI: 10.1080/135048597355050
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