TY - JOUR
T1 - A censored system of cigarette and alcohol consumption
AU - Su, Shew Jiuan B.
AU - Yen, Steven T.
PY - 2000
Y1 - 2000
N2 - Many previous studies of US cigarette and alcohol consumption have focused on single equations. However, the addictive nature of consumption suggests that it is more appropriate to model these products as a system. We propose a two-step estimation procedure and apply the procedure to a system of equations for cigarette, beer and wine consumption. Results differ from those derived from an existing two-step procedure. Findings suggest that consumption of cigarettes, beer and wine is responsive to income changes but the elasticities are rather small. Personal physiques, education, age, race, ethnicity, health, gender, employment status, and regions also play significant roles in consumption.
AB - Many previous studies of US cigarette and alcohol consumption have focused on single equations. However, the addictive nature of consumption suggests that it is more appropriate to model these products as a system. We propose a two-step estimation procedure and apply the procedure to a system of equations for cigarette, beer and wine consumption. Results differ from those derived from an existing two-step procedure. Findings suggest that consumption of cigarettes, beer and wine is responsive to income changes but the elasticities are rather small. Personal physiques, education, age, race, ethnicity, health, gender, employment status, and regions also play significant roles in consumption.
UR - http://www.scopus.com/inward/record.url?scp=0034067728&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0034067728&partnerID=8YFLogxK
U2 - 10.1080/000368400322354
DO - 10.1080/000368400322354
M3 - Article
AN - SCOPUS:0034067728
VL - 32
SP - 729
EP - 737
JO - Applied Economics
JF - Applied Economics
SN - 0003-6846
IS - 6
ER -