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- W766186871 abstract "This paper estimates several econometric models of tobacco consumption, employing Irish annual time series data. The approaches examined include the recently developed rational addiction model and a two-component model that separates participation as a smoker from con sumption by smokers. No evidence was found to favour the rational addiction model. The propor tion of smokers seems unaffected by price or income, but shows a substantial downward trend related to health concerns. In contrast, consumption by smokers shows no such trend, but is affected by price with a relatively low price elasticity. The implications are discussed. nalysis of Irish tobacco consumption, in terms of the factors influence- JTx. ing its evolution over time, is of interest for several reasons. One is that medical and statistical evidence of the damaging effects of smoking on health have accumulated over the years and the reduction of smoking is now an important objective of Government health policy (Department of Health, 1994). Another reason is that in the years since the publication of the substantial studies by O'Riordan (1969) and Walsh (1980), not only have extra data accrued, but some new approaches to modelling tobacco expendi tures have appeared in the international literature. These seek to incorporate the addictive element of smoking behaviour into the econometric model. Quite strong claims have been made for some of these approaches and they deserve trial with Irish data." @default.
- W766186871 created "2016-06-24" @default.
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- W766186871 date "1995-01-01" @default.
- W766186871 modified "2023-09-26" @default.
- W766186871 title "Models of Irish tobacco consumption" @default.
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