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Published on: February 12, 2015
Cigarette demand: a meta-analysis of elasticities
1Department of Economics, California State University at Sacramento, 6000 J Street, Sacremento, CA 95819-6016, USA. cgallet@csus.edu
Abstract:
Estimating elasticities of cigarette demand has become commonplace amongst economists and policymakers. Synthesizing the various elasticities into a coherent message is quite challenging, however, as the point estimates are obtained using quite disparate modeling techniques and data. In this study, we perform a meta-analysis to explore factors that influence variations within and across studies. Empirical results suggest that demand specification, data issues, and estimation methodology have varying degrees of influence on reported estimates of price, income, and advertising elasticities.
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