Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand

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collection.link.213
https://openknowledge.worldbank.org/handle/10986/11866
collection.name.213
Other papers
dc.contributor.author
Wilkins, Nick
dc.contributor.author
Yurekli, Ayda
dc.contributor.author
Hu, Teh-wei
dc.contributor.editor
Yurekli, Ayda
dc.contributor.editor
de Beyer, Joy
dc.date.accessioned
2013-11-14T20:48:26Z
dc.date.available
2013-11-14T20:48:26Z
dc.date.issued
2013
dc.description.abstract
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.
en
dc.identifier.uri
http://hdl.handle.net/10986/16269
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AD VALOREM
dc.subject
ADDICTION
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ADDICTION TO NICOTINE
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ADDICTIVE NATURE
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ADDICTIVE NATURE OF TOBACCO
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ADDICTIVE SUBSTANCES
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ADVERTISING BANS
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ADVERTISING CAMPAIGNS
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AGGREGATE DEMAND
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ANNUAL CIGARETTE CONSUMPTION
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ARBITRAGE
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AVERAGE PRICE
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BIDIS
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CHEWING TOBACCO
dc.subject
CIGARETTE
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CIGARETTE ADVERTISEMENTS
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CIGARETTE ADVERTISING
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CIGARETTE BRANDS
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CIGARETTE CONSUMPTION
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CIGARETTE CONSUMPTION DATA
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CIGARETTE DEMAND
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CIGARETTE MANUFACTURERS
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CIGARETTE PRICE
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CIGARETTE SALES
dc.subject
CIGARETTE SMOKING
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CIGARETTE SMUGGLING
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CIGARETTE TAX
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CIGARETTES
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CIGARS
dc.subject
COMPETITIVE MARKETS
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CONSUMER PRICE
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CONSUMER PRICE INDEX
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CONSUMER SOVEREIGNTY
dc.subject
CONSUMER SURPLUS
dc.subject
CONSUMERS
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CONSUMPTION OF TOBACCO
dc.subject
COUPONS
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DEMAND ANALYSES
dc.subject
DEMAND ANALYSIS
dc.subject
DEMAND CURVE
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DEMAND FOR TOBACCO PRODUCTS
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DEMAND FUNCTION
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DEMAND FUNCTIONS
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DISPOSABLE INCOME
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DOMESTIC TOBACCO
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ECONOMETRIC ANALYSES
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ECONOMETRIC ANALYSIS
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ECONOMETRIC MODELS
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ECONOMETRICS
dc.subject
ECONOMIC ANALYSIS
dc.subject
ECONOMIC DEMAND
dc.subject
ECONOMIC THEORY
dc.subject
ENVIRONMENTAL TOBACCO SMOKE
dc.subject
EXCISE TAXES
dc.subject
EXOGENOUS VARIABLES
dc.subject
EXPENDITURE
dc.subject
EXPENDITURES
dc.subject
EXTERNALITIES
dc.subject
FUNCTIONAL FORMS
dc.subject
GLOBAL TOBACCO EPIDEMIC
dc.subject
HEALTH RISKS OF SMOKING
dc.subject
MARIJUANA
dc.subject
MARKET FAILURES
dc.subject
MARKET RESEARCH
dc.subject
MARKET SHARE
dc.subject
MARKETING
dc.subject
NICOTINE
dc.subject
NICOTINE ADDICTION
dc.subject
NICOTINE CONTENT
dc.subject
NICOTINE DELIVERY
dc.subject
NICOTINE REPLACEMENT
dc.subject
NICOTINE REPLACEMENT THERAPY
dc.subject
PASSIVE SMOKING
dc.subject
PER CAPITA CONSUMPTION
dc.subject
PIPE TOBACCO
dc.subject
POLITICAL ECONOMY
dc.subject
POTENTIAL SMOKERS
dc.subject
PRICE DIFFERENTIALS
dc.subject
PRICE ELASTICITY
dc.subject
PRICE ELASTICITY OF DEMAND
dc.subject
PRICE OF CIGARETTES
dc.subject
PRICE OF TOBACCO
dc.subject
PRICE VARIATION
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PRODUCT MARKET
dc.subject
PRODUCTION COSTS
dc.subject
PUBLIC PLACES
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QUANTITY OF CIGARETTES
dc.subject
QUITTING SMOKING
dc.subject
REGRESSION ANALYSIS
dc.subject
RESTRICTIONS ON SMOKING
dc.subject
RETAIL
dc.subject
RETAIL PRICE
dc.subject
RETAIL PRICES
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SHORT-RUN PRICE ELASTICITY
dc.subject
SMOKED TOBACCO
dc.subject
SMOKELESS TOBACCO
dc.subject
SMOKER
dc.subject
SMOKERS
dc.subject
SMOKING
dc.subject
SMOKING CESSATION
dc.subject
SMOKING CESSATION PROGRAMS
dc.subject
SMOKING IN PUBLIC
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SMOKING RESTRICTIONS
dc.subject
SMOKING TOBACCO
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SNUFF
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SPREAD
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STRUCTURAL CHANGE
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SUBSTITUTE
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SUBSTITUTES
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SURPLUS
dc.subject
TOBACCO
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TOBACCO ADVERTISING
dc.subject
TOBACCO COMPANIES
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TOBACCO CONSUMPTION
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TOBACCO CONTROL
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TOBACCO CONTROL INITIATIVES
dc.subject
TOBACCO CONTROL ISSUES
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TOBACCO CONTROL POLICY
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TOBACCO DEMAND
dc.subject
TOBACCO EPIDEMIC
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TOBACCO EPIDEMICS
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TOBACCO INDUSTRY
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TOBACCO ISSUES
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TOBACCO MARKET
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TOBACCO PRODUCT SALES
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TOBACCO USE
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TOBACCO-RELATED DISEASE
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TOBACCO-RELATED ILLNESS
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WARNING LABELS
dc.subject
WHOLESALE PRICE
dc.subject
WHOLESALE PRICES
dc.subject
WHOLESALE TRADE
dc.subject
WHOLESALERS
dc.title
Economics of Tobacco Toolkit, Tool 3 : Economic Analysis of Tobacco Demand
en
okr.date.disclosure
2013-08-23
okr.doctype
Publications & Research :: Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2013/01/18136337/economic-analysis-tobacco-demand
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.globalpractice
Health, Nutrition, and Population
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000356161_20130823123839
okr.identifier.internaldocumentum
18136337
okr.identifier.report
80576
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/08/23/000356161_20130823123839/Rendered/PDF/805760NWP030De0Box0379807B00PUBLIC0.pdf
en
okr.topic
Health, Nutrition and Population :: Tobacco Use and Control
okr.topic
Health, Nutrition and Population :: Alcohol and Substance Abuse
okr.topic
Economic Theory and Research
okr.topic
International Economics and Trade :: Access to Markets
okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
okr.unit
Health Systems (WBIHS)
okr.volume
1 of 1

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