The World Demand for UK Tobacco

The World Demand for UK Tobacco The decline in cigarette consumption within developed countriesmakes the exploitation of new markets particularly important to tobaccocompanies. UK data on exports is used to show that, by splitting thesample into three groups, income and prices have significant butdifferent effects on cigarette import demand according to country type.Additionally the extent to which firms vary prices according to theseinternal circumstances in an effort to increase total consumption isexamined. Stresses that, while exports to newly industrializing and oilexporting countries have risen most dramatically, markets in LessDeveloped Countries are also a fertile source of future sales and mayprovide a focus for future policy coordination. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Studies Emerald Publishing

The World Demand for UK Tobacco

Journal of Economic Studies, Volume 19 (2) – Feb 1, 1992

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0144-3585
DOI
10.1108/01443589210018437
Publisher site
See Article on Publisher Site

Abstract

The decline in cigarette consumption within developed countriesmakes the exploitation of new markets particularly important to tobaccocompanies. UK data on exports is used to show that, by splitting thesample into three groups, income and prices have significant butdifferent effects on cigarette import demand according to country type.Additionally the extent to which firms vary prices according to theseinternal circumstances in an effort to increase total consumption isexamined. Stresses that, while exports to newly industrializing and oilexporting countries have risen most dramatically, markets in LessDeveloped Countries are also a fertile source of future sales and mayprovide a focus for future policy coordination.

Journal

Journal of Economic StudiesEmerald Publishing

Published: Feb 1, 1992

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