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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Format: | Article |
Language: | English |
Published: |
Sprint Investify
2017-09-01
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Series: | Expert Journal of Economics |
Subjects: | |
Online Access: | http://economics.expertjournals.com/23597704-508/ |