Cigarette, Alcohol, and Drug Demand for Young Population

The purpose of this paper is to estimate demand elasticities of cigarette, alcohol, and cocaine for a sample of young American population. To deal with the inherent censoring issue in cigarette, alcohol, and drug consumption data, the paper applies ZINB, Tobit, and a two-step AIDS model. Findings in...

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Bibliographic Details
Main Author: Mohammed AL-MAHISH
Format: Article
Language:English
Published: Sprint Investify 2017-09-01
Series:Expert Journal of Economics
Subjects:
Online Access:http://economics.expertjournals.com/23597704-508/