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The Economic Impact of Smoke-Free Laws on the Sales of Bars and Restaurants in Argentina

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Author Info
Martín González-Rozada, Mirta Molinari and Mario Virgolini

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Abstract

This paper studies the impact, on the sales of bars and restaurants, of the recent smokefree laws in the city of Buenos Aires and in three provinces of Argentina. Using a quasiexperimental design and a difference-in-difference estimation procedure we find that the smoke-free laws did not affected negatively the sales of bars and restaurants in the city of Buenos Aires and in the provinces of Córdoba, Santa Fe and Tucumán. Moreover, in the case of Buenos Aires the smoke-free legislation induced an increase in the sales of bars and restaurants of around seven percent.

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Paper provided by Universidad Torcuato Di Tella in its series Business School Working Papers with number 2008-03.

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Length: 12 pages
Date of creation: 2008
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Handle: RePEc:udt:wpbsdt:2008-03

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  2. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Blackwell Publishing, vol. 58(2), pages 277-97, April. [Downloadable!] (restricted)
  3. Ana Corbacho & Mercedes Garcia-Escribano & Gabriela Inchauste, 2003. "Argentina: Macroeconomic Crisis and Household Vulnerability," IMF Working Papers 03/89, International Monetary Fund. [Downloadable!]
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  5. Broda, Christian, 2004. "Terms of trade and exchange rate regimes in developing countries," Journal of International Economics, Elsevier, vol. 63(1), pages 31-58, May. [Downloadable!] (restricted)
  6. Diamond, Douglas W & Dybvig, Philip H, 1983. "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 401-19, June. [Downloadable!] (restricted)
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  7. Kraay, Aart, 2006. "When is growth pro-poor? Evidence from a panel of countries," Journal of Development Economics, Elsevier, vol. 80(1), pages 198-227, June. [Downloadable!] (restricted)
  8. Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004. "Growth Volatility and Financial Liberalization," NBER Working Papers 10560, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Emanuele Baldacci & Gabriela Inchauste & Luiz de Mello, 2002. "Financial Crises, Poverty, and Income Distribution," IMF Working Papers 02/4, International Monetary Fund. [Downloadable!]
  10. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2005. "Growth and Volatility in an Era of Globalization," IMF Staff Papers, Palgrave Macmillan Journals, vol. 52(si), pages 4. [Downloadable!] (restricted)
  11. Richard Breen & Cecilia García-Peñalosa, 2005. "Income Inequality and Macroeconomic Volatility: An Empirical Investigation," Review of Development Economics, Blackwell Publishing, vol. 9(3), pages 380-398, 08. [Downloadable!] (restricted)
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