The Demand for Cigarettes in the Republic of Korea and Implications for Government Policy to Lower Cigarette Consumption
AbstractThe government of the Republic of Korea has become concerned with reducing cigarette consumption, which historically has been very prevalent. This study contributes to the debate over cigarette policies in South Korea, with implications for other Asian countries with similar economic and cultural backgrounds. The authors estimate cigarette demand in South Korea over the period 1960-97, considering various government policies employed to reduce cigarette consumption. Results of the estimation suggest that taxation appears to be a viable means of reducing cigarette consumption, but methods to inform the public about the health hazards of smoking should be reconsidered and strengthened. (JEL "H51", "I18", "L66") Copyright 2004 Western Economic Association International.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Contemporary Economic Policy.
Volume (Year): 22 (2004)
Issue (Month): 2 (04)
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Find related papers by JEL classification:
- H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
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- Yamamura, Eiji, 2011.
"The effects of the social norm on cigarette consumption: Evidence from Japan using panel data,"
Japan and the World Economy,
Elsevier, vol. 23(1), pages 6-12, January.
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- Eugenio Martínez & Raúl Mejía & Eliseo Pérez Stable, 2008. "Elasticity of cigarette demand in Argentina: An empirical analysis using vector error-correction model," Working Papers 1, Instituto de Estudios Laborales y del Desarrollo Económico (IELDE) - Universidad Nacional de Salta - Facultad de Ciencias Económicas, Jurídicas y Sociales.
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