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Scientific paper - Review paper
Cigarette price elasticity in Croatia – analysis of household budget surveys
Journal of Applied Economics, 24 (2021), 1; 318-328. https://doi.org/10.1080/15140326.2021.1928421
Barać, Željana Aljinović; Burnać, Paško; Rogošić, Andrijana; Šodan, Slavko; Vuko, Tina

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Barać, Ž. A., Burnać, P., Rogošić, A., Šodan, S. & Vuko, T. (2021). Cigarette price elasticity in Croatia – analysis of household budget surveys. Journal of Applied Economics, 24. (1), 318-328. doi: 10.1080/15140326.2021.1928421

Barać, Željana Aljinović, et al. "Cigarette price elasticity in Croatia – analysis of household budget surveys." Journal of Applied Economics, vol. 24, no. 1, 2021, pp. 318-328. https://doi.org/10.1080/15140326.2021.1928421

Barać, Željana Aljinović, Paško Burnać, Andrijana Rogošić, Slavko Šodan and Tina Vuko. "Cigarette price elasticity in Croatia – analysis of household budget surveys." Journal of Applied Economics 24, no. 1 (2021): 318-328. https://doi.org/10.1080/15140326.2021.1928421

Barać, Ž. A., et al. (2021) 'Cigarette price elasticity in Croatia – analysis of household budget surveys', Journal of Applied Economics, 24(1), pp. 318-328. doi: 10.1080/15140326.2021.1928421

Barać ŽA, Burnać P, Rogošić A, Šodan S, Vuko T. Cigarette price elasticity in Croatia – analysis of household budget surveys. Journal of Applied Economics [Internet]. 2021 August 05 [cited 2024 December 19];24(1):318-328. doi: 10.1080/15140326.2021.1928421

Ž. A. Barać, P. Burnać, A. Rogošić, S. Šodan and T. Vuko, "Cigarette price elasticity in Croatia – analysis of household budget surveys", Journal of Applied Economics, vol. 24, no. 1, pp. 318-328, August 2021. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:124:379026. [Accessed: 19 December 2024]

Metadata
Title (english)Cigarette price elasticity in Croatia – analysis of household budget surveys
AuthorŽeljana Aljinović Barać
AuthorPaško Burnać
AuthorAndrijana Rogošić
AuthorSlavko Šodan
AuthorTina Vuko
Author's institutionUniversity of Split
Faculty of economics Split
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
This study estimates both conditional and unconditional cigarette price elasticity of quantity demanded in Croatia. Authors use Deaton’s method, also known as the Almost Ideal Demand-System (AIDS), to obtain consistent estimates of the cigarette price elasticity on the sample of Croatian households. The data from household surveys (HBS) conducted in Croatia for three periods (2010, 2011 and 2014 year) is provided by the Croatian Bureau of Statistics (CBS). Estimated unconditional cigarette price elasticity is −1.38 and estimated conditional price elasticity is −0.63. Simulation of the tax effects shows that rising specific excise tax for 10 percent would result in 2 percent decrease in cigarette consumption while total tax revenues would increase by 1.97 percent. This study provides evidence that the demanded quantity for cigarettes is responsive to their prices. Consequently, this implies that tobacco tax policy can be used as an efficient tool for reducing cigarette consumption in Croatia.
Languageenglish
Publication typeScientific paper - Review paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleJournal of Applied Economics
Numberingvol. 24, no. 1, pp. 318-328
p-ISSN1514-0326
e-ISSN1667-6726
DOIhttps://doi.org/10.1080/15140326.2021.1928421
URN:NBNurn:nbn:hr:124:379026
Publication2021-08-05
Document URLhttps://www.tandfonline.com/doi/full/10.1080/15140326.2021.1928421
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2024-07-18 11:30:22