Forecasting Cigarette Consumption in Greece: An empirical investigation with cointegration analysis
AbstractThis paper investigates the relationship between cigarette consumption per capita net disposable income, cigarette price index, and per capita expenditure for education. In this empirical analysis the Johansen cointegration test is applied in conjunction with the vector error correction model. Finally, the forecasting technique of cigarettes consumption in Greece using cointegration models is presented as well. This technique presupposes the formation of a structural equations system, which includes the short-run and the long-run relationships of the model variables.
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Bibliographic InfoArticle provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.
Volume (Year): 04 (2003)
Issue (Month): 2 (August)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Frank S. Reinhardt & David E.A. Giles, 1999.
"Are Cigarette Bans Really Good Economic Policy?,"
Econometrics Working Papers
9903, Department of Economics, University of Victoria.
- Eleni Raptou & Konstadinos Mattas & Efthimia Tsakiridou & Constantinos Katrakilidis, 2005. "Factors Affecting Cigarette Demand," International Advances in Economic Research, Springer, vol. 11(3), pages 275-290, August.
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