Cigarette consumption in Turkey: Tansel's spurious regression
Estimates of the demand for cigarettes in Turkey uncovered significant effects from prices, incomes, education and health scares. The previous study did not pre-test for the presence of unit roots. This note reports the undertaking of this task, and the results of cointegrating regression analysis on previous data, which invalidates the earlier results.
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Volume (Year): 5 (1998)
Issue (Month): 6 ()
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