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1997•Applied Economics LettersRequires access

Cigarette consumption in Greece: empirical evidence from cointegration analysis

George Hondroyiannis, Evangelia Papapetrou

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Abstract

This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 1960–1990. Income and price elasticities for the long-run and short-run period are estimated. In addition the findings suggest that health warnings in consumption are more effective in reducing smoking than an increase in the price.

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What this paper is about

This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 1960–1990. Income and price elasticities for the long-run and short-run period are estimated. In addition the findings suggest that health warnings in consumption are more effective in reducing smoking than an increase in the price.

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OpenAlex reports 16 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

This paper provides an empirical analysis of cigarette consumption in Greece using the recent Johansen cointegration procedure for the period 1960–1990. Income and price elasticities for the long-run and short-run period are estimated. In addition the findings suggest that health warnings in consumption are more effective in reducing smoking than an increase in the price.

Key concepts: Cointegration, Economics, Consumption (sociology), Econometrics, Empirical evidence, Consumption function, Macroeconomics, Production (economics)

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