Applied Econometrics · EC395 Coursework
Elasticity of
Cigarette Demand
Examining how estimated cigarette-price elasticity changes across OLS, fixed-effects, first-difference and instrumental-variable specifications.
Stata · 48 U.S. states · 1985 & 1995
View ProjectPrice elasticity
- Pooled OLS
- −1.332
- Two-way fixed effects
- −0.935
- First difference
- −0.935
- IV · both tax instruments
- −1.253
Specifications use different controls. See the full analysis for interpretation and limitations.
