We account for the various factors affecting the consumption of cigarettes, after which we focus on the factors: price, income and sociological factors. We conclude that price elasticities are highest among young people and groups with low income or education. There is also a negative correlation between low income and smoking. Whether one starts to smoke is also affected strongly by one's social circle. Overall, it is difficult to conclude whether it would be beneficial to increase prices, primarily due to the uncertainty of the ketchup effect. The knowledge gained from our analysis of income and social factors are primarily interesting in connection with legislation or marketing which aims to reduce consumption of cigarettes.
|Uddannelser||Basis - Samfundsvidenskabelig Bacheloruddannelse, (Bachelor uddannelse) Basis|
|Udgivelsesdato||31 maj 2010|