Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand
The tobacco epidemic is a worldwide phenomenon with significantly destructive effects on developing, transitional, and industrialized nations. The first scientific evidence on the health consequences of tobacco consumption-specifically, smoking-was...
| Main Authors: | , , |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/18136337/economic-analysis-tobacco-demand http://hdl.handle.net/10986/16269 |
| id |
okr-10986-16269 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AD VALOREM ADDICTION ADDICTION TO NICOTINE ADDICTIVE NATURE ADDICTIVE NATURE OF TOBACCO ADDICTIVE SUBSTANCES ADVERTISING BANS ADVERTISING CAMPAIGNS AGGREGATE DEMAND ANNUAL CIGARETTE CONSUMPTION ARBITRAGE AVERAGE PRICE BIDIS CHEWING TOBACCO CIGARETTE CIGARETTE ADVERTISEMENTS CIGARETTE ADVERTISING CIGARETTE BRANDS CIGARETTE CONSUMPTION CIGARETTE CONSUMPTION DATA CIGARETTE DEMAND CIGARETTE MANUFACTURERS CIGARETTE PRICE CIGARETTE SALES CIGARETTE SMOKING CIGARETTE SMUGGLING CIGARETTE TAX CIGARETTES CIGARS COMPETITIVE MARKETS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER SOVEREIGNTY CONSUMER SURPLUS CONSUMERS CONSUMPTION OF TOBACCO COUPONS DEMAND ANALYSES DEMAND ANALYSIS DEMAND CURVE DEMAND FOR TOBACCO PRODUCTS DEMAND FUNCTION DEMAND FUNCTIONS DISPOSABLE INCOME DOMESTIC TOBACCO ECONOMETRIC ANALYSES ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC DEMAND ECONOMIC THEORY ENVIRONMENTAL TOBACCO SMOKE EXCISE TAXES EXOGENOUS VARIABLES EXPENDITURE EXPENDITURES EXTERNALITIES FUNCTIONAL FORMS GLOBAL TOBACCO EPIDEMIC HEALTH RISKS OF SMOKING MARIJUANA MARKET FAILURES MARKET RESEARCH MARKET SHARE MARKETING NICOTINE NICOTINE ADDICTION NICOTINE CONTENT NICOTINE DELIVERY NICOTINE REPLACEMENT NICOTINE REPLACEMENT THERAPY PASSIVE SMOKING PER CAPITA CONSUMPTION PIPE TOBACCO POLITICAL ECONOMY POTENTIAL SMOKERS PRICE DIFFERENTIALS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE OF CIGARETTES PRICE OF TOBACCO PRICE VARIATION PRODUCT MARKET PRODUCTION COSTS PUBLIC PLACES QUANTITY OF CIGARETTES QUITTING SMOKING REGRESSION ANALYSIS RESTRICTIONS ON SMOKING RETAIL RETAIL PRICE RETAIL PRICES SHORT-RUN PRICE ELASTICITY SMOKED TOBACCO SMOKELESS TOBACCO SMOKER SMOKERS SMOKING SMOKING CESSATION SMOKING CESSATION PROGRAMS SMOKING IN PUBLIC SMOKING RESTRICTIONS SMOKING TOBACCO SNUFF SPREAD STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SURPLUS TOBACCO TOBACCO ADVERTISING TOBACCO COMPANIES TOBACCO CONSUMPTION TOBACCO CONTROL TOBACCO CONTROL INITIATIVES TOBACCO CONTROL ISSUES TOBACCO CONTROL POLICY TOBACCO DEMAND TOBACCO EPIDEMIC TOBACCO EPIDEMICS TOBACCO INDUSTRY TOBACCO ISSUES TOBACCO MARKET TOBACCO PRODUCT SALES TOBACCO USE TOBACCO-RELATED DISEASE TOBACCO-RELATED ILLNESS WARNING LABELS WHOLESALE PRICE WHOLESALE PRICES WHOLESALE TRADE WHOLESALERS |
| spellingShingle |
AD VALOREM ADDICTION ADDICTION TO NICOTINE ADDICTIVE NATURE ADDICTIVE NATURE OF TOBACCO ADDICTIVE SUBSTANCES ADVERTISING BANS ADVERTISING CAMPAIGNS AGGREGATE DEMAND ANNUAL CIGARETTE CONSUMPTION ARBITRAGE AVERAGE PRICE BIDIS CHEWING TOBACCO CIGARETTE CIGARETTE ADVERTISEMENTS CIGARETTE ADVERTISING CIGARETTE BRANDS CIGARETTE CONSUMPTION CIGARETTE CONSUMPTION DATA CIGARETTE DEMAND CIGARETTE MANUFACTURERS CIGARETTE PRICE CIGARETTE SALES CIGARETTE SMOKING CIGARETTE SMUGGLING CIGARETTE TAX CIGARETTES CIGARS COMPETITIVE MARKETS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER SOVEREIGNTY CONSUMER SURPLUS CONSUMERS CONSUMPTION OF TOBACCO COUPONS DEMAND ANALYSES DEMAND ANALYSIS DEMAND CURVE DEMAND FOR TOBACCO PRODUCTS DEMAND FUNCTION DEMAND FUNCTIONS DISPOSABLE INCOME DOMESTIC TOBACCO ECONOMETRIC ANALYSES ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC DEMAND ECONOMIC THEORY ENVIRONMENTAL TOBACCO SMOKE EXCISE TAXES EXOGENOUS VARIABLES EXPENDITURE EXPENDITURES EXTERNALITIES FUNCTIONAL FORMS GLOBAL TOBACCO EPIDEMIC HEALTH RISKS OF SMOKING MARIJUANA MARKET FAILURES MARKET RESEARCH MARKET SHARE MARKETING NICOTINE NICOTINE ADDICTION NICOTINE CONTENT NICOTINE DELIVERY NICOTINE REPLACEMENT NICOTINE REPLACEMENT THERAPY PASSIVE SMOKING PER CAPITA CONSUMPTION PIPE TOBACCO POLITICAL ECONOMY POTENTIAL SMOKERS PRICE DIFFERENTIALS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE OF CIGARETTES PRICE OF TOBACCO PRICE VARIATION PRODUCT MARKET PRODUCTION COSTS PUBLIC PLACES QUANTITY OF CIGARETTES QUITTING SMOKING REGRESSION ANALYSIS RESTRICTIONS ON SMOKING RETAIL RETAIL PRICE RETAIL PRICES SHORT-RUN PRICE ELASTICITY SMOKED TOBACCO SMOKELESS TOBACCO SMOKER SMOKERS SMOKING SMOKING CESSATION SMOKING CESSATION PROGRAMS SMOKING IN PUBLIC SMOKING RESTRICTIONS SMOKING TOBACCO SNUFF SPREAD STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SURPLUS TOBACCO TOBACCO ADVERTISING TOBACCO COMPANIES TOBACCO CONSUMPTION TOBACCO CONTROL TOBACCO CONTROL INITIATIVES TOBACCO CONTROL ISSUES TOBACCO CONTROL POLICY TOBACCO DEMAND TOBACCO EPIDEMIC TOBACCO EPIDEMICS TOBACCO INDUSTRY TOBACCO ISSUES TOBACCO MARKET TOBACCO PRODUCT SALES TOBACCO USE TOBACCO-RELATED DISEASE TOBACCO-RELATED ILLNESS WARNING LABELS WHOLESALE PRICE WHOLESALE PRICES WHOLESALE TRADE WHOLESALERS Wilkins, Nick Yurekli, Ayda Hu, Teh-wei Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| description |
The tobacco epidemic is a worldwide
phenomenon with significantly destructive effects on
developing, transitional, and industrialized nations. The
first scientific evidence on the health consequences of
tobacco consumption-specifically, smoking-was discovered in
industrialized nations. As a result, the economic analysis
of tobacco control issues began and was developed in these
countries. This tool attempts to explain the process of
analysis of demand for tobacco products as simply as
possible. It includes discussions of basic economic and
analysis principles (written for non-specialists such as
policy makers and analysts) and more advanced technical
points (intended for use by the economists and
econometricians who will undertake the actual demand
analysis). Consumption of tobacco products includes both
smoked categories (e.g., cigarettes, hand-rolled tobacco,
pipe tobacco, cigars, bidis, kreteks, etc.) and smokeless
types (such as snuff and chewing tobacco). In industrialized
countries, cigarettes disproportionately influence tobacco
epidemics. This tool discusses and presents, in technical
detail, each of the steps necessary to conduct an economic
demand analysis on tobacco products. In addition, the reader
is presented the fundamentals of demand analysis, including
its purpose, assumptions, and requirements. In turn, the
reasons to intervene in the market for tobacco products stem
from the destructive nature of tobacco consumption. Smoking
is the single largest preventable cause of premature death
in industrialized countries. In economic terms, the
principle of consumer sovereignty holds that individuals
know what products are in their best interests to consume.
Provided consumers know the risks concerned and internalize
all the costs and benefits involved, private consumption
decisions result in the most efficient allocation of
society's scarce resources. Tobacco products are
available to consumers for a price, and an issue of great
interest to tobacco control advocates (and the tobacco
industry) is to what extent are consumers willing to buy
those tobacco products. For instance, the willingness to buy
is strongly influenced by such characteristics as the
consumer's sense of value, income level, and taste. |
| author2 |
Yurekli, Ayda |
| author_facet |
Yurekli, Ayda Wilkins, Nick Yurekli, Ayda Hu, Teh-wei |
| format |
Publications & Research :: Working Paper |
| author |
Wilkins, Nick Yurekli, Ayda Hu, Teh-wei |
| author_sort |
Wilkins, Nick |
| title |
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| title_short |
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| title_full |
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| title_fullStr |
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| title_full_unstemmed |
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand |
| title_sort |
economics of tobacco toolkit, tool 3 : economic analysis of tobacco demand |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2013/01/18136337/economic-analysis-tobacco-demand http://hdl.handle.net/10986/16269 |
| _version_ |
1764432607794167808 |
| spelling |
okr-10986-162692021-04-23T14:03:28Z Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand Wilkins, Nick Yurekli, Ayda Hu, Teh-wei Yurekli, Ayda de Beyer, Joy AD VALOREM ADDICTION ADDICTION TO NICOTINE ADDICTIVE NATURE ADDICTIVE NATURE OF TOBACCO ADDICTIVE SUBSTANCES ADVERTISING BANS ADVERTISING CAMPAIGNS AGGREGATE DEMAND ANNUAL CIGARETTE CONSUMPTION ARBITRAGE AVERAGE PRICE BIDIS CHEWING TOBACCO CIGARETTE CIGARETTE ADVERTISEMENTS CIGARETTE ADVERTISING CIGARETTE BRANDS CIGARETTE CONSUMPTION CIGARETTE CONSUMPTION DATA CIGARETTE DEMAND CIGARETTE MANUFACTURERS CIGARETTE PRICE CIGARETTE SALES CIGARETTE SMOKING CIGARETTE SMUGGLING CIGARETTE TAX CIGARETTES CIGARS COMPETITIVE MARKETS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER SOVEREIGNTY CONSUMER SURPLUS CONSUMERS CONSUMPTION OF TOBACCO COUPONS DEMAND ANALYSES DEMAND ANALYSIS DEMAND CURVE DEMAND FOR TOBACCO PRODUCTS DEMAND FUNCTION DEMAND FUNCTIONS DISPOSABLE INCOME DOMESTIC TOBACCO ECONOMETRIC ANALYSES ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC DEMAND ECONOMIC THEORY ENVIRONMENTAL TOBACCO SMOKE EXCISE TAXES EXOGENOUS VARIABLES EXPENDITURE EXPENDITURES EXTERNALITIES FUNCTIONAL FORMS GLOBAL TOBACCO EPIDEMIC HEALTH RISKS OF SMOKING MARIJUANA MARKET FAILURES MARKET RESEARCH MARKET SHARE MARKETING NICOTINE NICOTINE ADDICTION NICOTINE CONTENT NICOTINE DELIVERY NICOTINE REPLACEMENT NICOTINE REPLACEMENT THERAPY PASSIVE SMOKING PER CAPITA CONSUMPTION PIPE TOBACCO POLITICAL ECONOMY POTENTIAL SMOKERS PRICE DIFFERENTIALS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE OF CIGARETTES PRICE OF TOBACCO PRICE VARIATION PRODUCT MARKET PRODUCTION COSTS PUBLIC PLACES QUANTITY OF CIGARETTES QUITTING SMOKING REGRESSION ANALYSIS RESTRICTIONS ON SMOKING RETAIL RETAIL PRICE RETAIL PRICES SHORT-RUN PRICE ELASTICITY SMOKED TOBACCO SMOKELESS TOBACCO SMOKER SMOKERS SMOKING SMOKING CESSATION SMOKING CESSATION PROGRAMS SMOKING IN PUBLIC SMOKING RESTRICTIONS SMOKING TOBACCO SNUFF SPREAD STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SURPLUS TOBACCO TOBACCO ADVERTISING TOBACCO COMPANIES TOBACCO CONSUMPTION TOBACCO CONTROL TOBACCO CONTROL INITIATIVES TOBACCO CONTROL ISSUES TOBACCO CONTROL POLICY TOBACCO DEMAND TOBACCO EPIDEMIC TOBACCO EPIDEMICS TOBACCO INDUSTRY TOBACCO ISSUES TOBACCO MARKET TOBACCO PRODUCT SALES TOBACCO USE TOBACCO-RELATED DISEASE TOBACCO-RELATED ILLNESS WARNING LABELS WHOLESALE PRICE WHOLESALE PRICES WHOLESALE TRADE WHOLESALERS The tobacco epidemic is a worldwide phenomenon with significantly destructive effects on developing, transitional, and industrialized nations. The first scientific evidence on the health consequences of tobacco consumption-specifically, smoking-was discovered in industrialized nations. As a result, the economic analysis of tobacco control issues began and was developed in these countries. This tool attempts to explain the process of analysis of demand for tobacco products as simply as possible. It includes discussions of basic economic and analysis principles (written for non-specialists such as policy makers and analysts) and more advanced technical points (intended for use by the economists and econometricians who will undertake the actual demand analysis). Consumption of tobacco products includes both smoked categories (e.g., cigarettes, hand-rolled tobacco, pipe tobacco, cigars, bidis, kreteks, etc.) and smokeless types (such as snuff and chewing tobacco). In industrialized countries, cigarettes disproportionately influence tobacco epidemics. This tool discusses and presents, in technical detail, each of the steps necessary to conduct an economic demand analysis on tobacco products. In addition, the reader is presented the fundamentals of demand analysis, including its purpose, assumptions, and requirements. In turn, the reasons to intervene in the market for tobacco products stem from the destructive nature of tobacco consumption. Smoking is the single largest preventable cause of premature death in industrialized countries. In economic terms, the principle of consumer sovereignty holds that individuals know what products are in their best interests to consume. Provided consumers know the risks concerned and internalize all the costs and benefits involved, private consumption decisions result in the most efficient allocation of society's scarce resources. Tobacco products are available to consumers for a price, and an issue of great interest to tobacco control advocates (and the tobacco industry) is to what extent are consumers willing to buy those tobacco products. For instance, the willingness to buy is strongly influenced by such characteristics as the consumer's sense of value, income level, and taste. 2013-11-14T20:48:26Z 2013-11-14T20:48:26Z 2013 http://documents.worldbank.org/curated/en/2013/01/18136337/economic-analysis-tobacco-demand http://hdl.handle.net/10986/16269 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |