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Price Policy and Taxation as Effective Strategies for Tobacco Control

Richard Felsinger1, Ernest Groman1

  • 1Department of Social and Preventive Medicine, Center for Public Health, Medical University of Vienna, Vienna, Austria.

Frontiers in Public Health
|April 22, 2022
PubMed
Summary

Increasing tobacco taxes significantly reduces smoking. A 1% price hike leads to a 0.691% decrease in tobacco consumption, showing price policy

Keywords:
consumptioneconomicsprice elasticitypublic policytaxestobacco

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