By Philip Hans Franses
An awesome useful creation to the fundamentals of econometrics.
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Additional info for Concise Introduction to Econometrics: An Intuitive Guide
First, tobacco cigarettes are commercially available. Thus, substantial amounts of information about prices and consumption of tobacco cigarettes are available for economic analyses without the difficulty typical with illegal drugs. , Bickel et al. 1990, 1991, 1992), thereby permitting detailed comparisons with econometric studies. Of course, tobacco smoking, as the single greatest preventable cause of death, is an important public health problem to study. The purpose of this paper is to attempt to answer three questions-two of them posed earlier.
L Means and Standard Deviations for Model Variables (Sept. 1992, Jan. 93 *Statistically significant at the 1 percent level. References Barone, Michael, and Grant Ujifusa. 1993. Almanac ofAmerican politics 1994. : National Journal, Inc. - - - . 1995. Almanac ofAmerican politics 1996. : National Journal, Inc. , and Dan Levin. 1986. Estimating dynamic demand for cigarettes us- 28 Robert L. Ohsfeldt, Raymond G. Boyle, and Eli I. Capilooto ing panel data: The effects of bootlegging, taxation, and advertising reconsidered.
018* Cigarettes (Exogenous) Variables Cigarette taxa Snuff tax Regulation indexa Family income Occupation Farm/forestry Management Sales Service Age 16-19 Age 20-24 Age 65 or over White Hispanic Black non-Hispanic Black Hispanic High school graduate College graduate Employed Student Never married Divorced/widowed Married with no spouse present Child age ~ 5 in household Child age 6-17 in household High school graduates (%) Per capita income Population below poverty level (%) Unemployment rate Fundamentalists (%) No active religion (%) (4) aEndogenous variable in columns (2) and (4).