Prices and E-Cigarette Demand: Evidence From the European Union.

作者: Michal Stoklosa , Jeffrey Drope , Frank J. Chaloupka

DOI: 10.1093/NTR/NTW109

关键词: Price elasticity of demandBusinessDynamic modelsLegislationEuropean unionConsumer behaviourMonetary economicsShort runExciseSnus

摘要: INTRODUCTION Many European Union (EU) Member States have expressed the need for EU legislation to clarify issue of e-cigarette taxation, but economic evidence inform creation such policies has been lacking. To date, only one study - on U.S. examined responsiveness demand price changes. METHODS We used 2011-2014 pooled time-series data sales as well and cigarette prices six markets (Estonia, Ireland, Latvia, Lithuania, Sweden, United Kingdom). utilized static dynamic fixed-effects models estimate own cross-price elasticity e-cigarettes. In a separate model we effects snus sales. RESULTS Based models, every 10% increase in is associated with drop e-cigarettes approximately 8.2%, while based 2.7% short run 11.5% long run. Combustible are positively Snus Sweden. CONCLUSIONS Our results indicate that responsive changes, which suggests excise taxes can help governments mitigate an use. E-cigarettes regular cigarettes substitutes, higher being increased Making combustible more expensive compared could be effective moving current smokers e-cigarettes, might positive health effects.

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