Warsaw - May 2018

Tobacco Demand Elasticity Workshop (Micro and Macro Approach)

Venue: hotel Ibis Stare Miasto, Warsaw

Tobacco Demand Elasticity Workshop (Micro and Macro Approach) was organized by Institute of Economic Sciences and University Illinois at Chicago. The speakers were prof Frank J Chaloupka, PhD Violeta Vulović and PhD Hana Ross. The aim of the workshop was to present methodology for estimating the tobacco price and income elasticity using two approaches – macro and micro. Macro approach include time series analysis while micro approach consist of Deaton model using HES data. Hana Ross, PhD, presented methods for estimating the size of illicit trade and and it’s application to the budget revenues and expenditures.