Testing for the rational addiction hypothesis in Spanish tobacco consumption

José-Julián Escario and José Alberto Molina

Applied Economics Letters, 2001, vol. 8, issue 4, 211-215

Abstract: This paper tests whether tobacco consumption generates addiction in Spanish people and, if so, then whether such addiction can be explained in the context of rational addiction theory. To that end, time-series data of per-capita consumption and prices of tobacco during the period 1964 to 1995 are employed. The results show the addictive and rational character of Spanish tobacco consumption, which implies that smokers fall into addiction after a maximization process of the utility that was obtained during their total lifetime, taking into account the future consequences of current decisions.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:8:y:2001:i:4:p:211-215

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/135048501750103854

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().