Distributional Impacts of Tobacco Excise Taxes in Serbia
This study is the first to empirically assess the progressivity of tobacco taxes across three income groups in Serbia. We explore how tax increases lead to changes in tobacco consumption, smoking[1]related medical costs, lost productivity from premature deaths, and household budgets. Net household budget income effects were calculated as the sum of the following: the change in tobacco expenditure, the change in medical expenses, and the change in years of productive life.
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