A Dynamic Model of the U.S. Tobacco Economy
| dc.creator | Mann, Jitendar S. | |
| dc.date | 2017-04-01T14:37:46Z | |
| dc.date.accessioned | 2026-07-09T06:59:31Z | |
| dc.description | A 14 equation recursive model is developed for (1) flue-cured acreage, (2) burley acreage, (3) flue-cured price, (4) burley price, and (5) consumer demand for cigarettes. The coefficients are estimated using data for 1954-70. The reduced form and the impact multipliers are derived. The multipliers are used to illustrate the impact of a 3.5-cent increase in the support rate for flue-cured tobacco. A comparison of the reduced-form estimated values with observed values of 14 endogenous variables showed a good fit for the model over the period studied. | |
| dc.identifier | doi:10.22004/ag.econ.147151 | |
| dc.identifier | https://ageconsearch.umn.edu/record/147151/files/4Mann_25_3.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/147151 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/583232 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/147151 | |
| dc.title | A Dynamic Model of the U.S. Tobacco Economy | |
| dc.type | Text |