【ECON201309】                    

勞動(dòng)與發(fā)展經(jīng)濟(jì)學(xué)研討會(huì)

【主題】Do Smokers Respond to Cigarette Taxes Evidence from the Cigarette Market in China

【主講人】劉宏

【時(shí)間】9月25日周三中午12：00-1：30

【地點(diǎn)】明德主樓 734會(huì)議室。

Abstract：This paper examines how Chinese smokers respond to tax-driven cigarette price increases by estimating a discrete choice model of demand for differentiated products, using annual nationwide brand-level cigarette sales data in China from 2005 to 2010. We allow for substitutions between different cigarette brands and also incorporate key features of rational addiction theory in the model. Results show that the overall own-price elasticity for cigarette at the brand level is -0.805 in China, and that high-price brands have greater own-price elasticities than low-price brands. We find tax-induced substitution towards low-price cigarettes as well as high-tar cigarettes, and tax hikes encourage within-tier substitution more than across-tier substitution. These results have important implications for the potential impacts of cigarette taxation

　 劉宏教授2007年畢業(yè)于紐約州立大學(xué)石溪分校，獲得經(jīng)濟(jì)學(xué)博士學(xué)位，目前是中央財(cái)經(jīng)大學(xué)中國(guó)經(jīng)濟(jì)與管理研究院的副教授。他有良好的發(fā)表記錄，研究成果發(fā)表于Annals of Economics and Finance, China Economic Review，《經(jīng)濟(jì)研究》,《中國(guó)社會(huì)科學(xué)》等優(yōu)秀的中英文刊物上。