An empirical analysis of cigarette demand in Argentina.

ABSTRACT:

Objective

To estimate the long-term and short-term effects on cigarette demand in Argentina based on changes in cigarette price and income per person >14 years old.

Method

Public data from the Ministry of Economics and Production were analysed based on monthly time series data between 1994 and 2010. The econometric analysis used cigarette consumption per person >14 years of age as the dependent variable and the real income per person >14 years old and the real average price of cigarettes as independent variables. Empirical analyses were done to verify the order of integration of the variables, to test for cointegration to capture the long-term effects and to capture the short-term dynamics of the variables.

Results

The demand for cigarettes in Argentina was affected b

SUBMITTER: Martinez E 

PROVIDER: S-EPMC4102660 | biostudies-literature | 2015 Jan

REPOSITORIES: biostudies-literature