タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記subsequently published in Applied Economics, vol.38, no.14, pp.1663-1675, August 2006
* Revised: Rational Addiction, Tax Revenues and Tobacco Control [04-11, 2004]
The hypotheses of non-addiction, myopia and rational addiction aretested using annual, quarterly and monthly data. Changes in the prices ofJapanese cigarettes can be viewed as exogenous from the point of view ofconsumer behavior, because the Japanese government controls cigaretteprices. The empirical results of this paper support the addiction hypothesis.The short-run and long-run price elasticities range from -0.338 to-0.421, and from -0.679 to -0.686, respectively; thus, increases in tax revenuesin the long-run are likely to be smaller than those in the short-run.As a result, tax increases would be an effective means of curbing smokingand reducing its social cost. Furthermore, the debt compensationprograms for the Japan Railway and the National Forestry will not goaccording to plan, unless revenues are increased in the future.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)