Optimal Regulation of E-cigarettes: Theory and Evidence

نویسندگان

چکیده

We model optimal e-cigarette regulation and estimate key parameters. Using tax changes scanner data, we relatively elastic demand. A demographic shift-share identification strategy suggests limited substitution between e-cigarettes cigarettes. field a new survey of public health experts who report that vaping is more harmful than previously believed. In our model’s average Monte Carlo simulation, these results imply taxes are higher recent norms. However, subsidies may be if stronger substitute for smoking safer report, or consumers overestimate the harms from vaping. (JEL D12, D18, D61, H21, H23, I12, I18)

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ژورنال

عنوان ژورنال: American Economic Journal: Economic Policy

سال: 2022

ISSN: ['1945-7731', '1945-774X', '1945-7812']

DOI: https://doi.org/10.1257/pol.20200805