Article
Structural Change in Cigarette Demand: Cusum Tests using Panel Data
Economics Bulletin
Document Type
Article
Disciplines
Publication Version
Published Version
Publication Date
1-1-2005
Abstract
We conduct custom tests of structural change in a rational addiction model of cigarette demand estimated using a panel of annual time series of state−level data. In contrast to the one previous application of custom tests to the question of cigarette demand stability, our results provide strong evidence of downward shifts in demand during the modern era of health warnings and anti−smoking campaigns.
Copyright Owner
Economics Bulletin
Copyright Date
2005
Language
en
File Format
application/pdf
Citation Information
John R. Schroeter and Aju J. Fenn. "Structural Change in Cigarette Demand: Cusum Tests using Panel Data" Economics Bulletin Vol. 9 Iss. 8 (2005) p. 1 - 11 Available at: http://works.bepress.com/john-schroeter/12/
This is an article from Economics Bulletin 9 (2005): 1. Posted with permission.