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.
Volume (Year): 5 (1998)
Issue (Month): 6 ()
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