An Analysis of the Effect of Income on Tobacco Demands
Title
An Analysis of the Effect of Income on Tobacco Demands
Author(s)
민희철
Keyword
담배
; 소득
; 탄력성
; Tobacco
; Income
; Elasticity
Publication Year
2013-09-01
Publisher
Korea Institute for Health and Social Affairs
Citation
Health and Social Welfare Review Vol.33 No.3, pp.31-58
Abstract
This study empirical investigates the relationship between income and demands for tobacco. This paper utilizes the recently available data which documents tobacco consumption quantities and thus the analysis is less prone to measurement errors that the previous studies relying on expenditure data suffer from. It is shown that both the proportion of smokers and the quantity consumed are highest in the middle income group. However, the quantity consumed relative to income decreases with income, suggesting the regressivity of tobacco excise. Demand estimation shows that the likelihood of smoking is not responsive to income but the consumption conditional on smoking increases very moderately with income. The income elasticities are estimated to be -0.023 for the probability of smoking and 0.038 for the conditional demand.
Table Of Contents
Ⅰ. 도입 Ⅱ. 선행연구 Ⅲ. 자료 설명 및 기초적 분석 Ⅳ. 실증분석 Ⅴ. 실증분석 결과에 대한 논의 Ⅵ. 결과의 요약 및 향후 연구 방향 참고문헌