This paper uses crowd-sourced transaction data from a cross-section of the US to examine demand for marijuana. State and regional variations in consumption, price and quality are explored. Price elasticity of demand estimates range between -0.3 and -0.6. Noticeable price differences are found between high, medium, and low quality marijuana, with high quality marijuana, at $13.57 per gram, 144% ...

BACKGROUND This study uses cigarette price elasticity to evaluate the effect of a new excise tax increase on cigarette consumption and to investigate responses from various types of smokers. METHODS Our sample consisted of current smokers between 17 and 69 years old interviewed during an annual face-to-face survey conducted by Taiwan National Health Research Institutes between 2000 to 2003. W...

Domestic tourism has an important role in socio-economic development in several ways including creating jobs and improving income distribution. Although several researcheshave been done on tourism demand, a small proportion of them have been on domestic tourism. In this paper, the price and expenditure elasticities of the household demand for domestic tourism in Iran, focusing on the case of Ha...

A quarterly, weakly-separable, Quadratic, Almost Ideal Demand System is estimated for beef, pork and chicken in Canada. The restrictions that would lead to the less flexible AIDS model were rejected at the five per cent level. Results for the first stage model indicated that demand for the meat group is inelastic, with an own-price elasticity of -0.24. Demand for beef in Canada was inelastic du...

" …the price of electricity was found to be a significant determinant of electricity demand in most cases with the expected inverse relationship (higher prices mean less consumption).The results provided no evidence that the responsiveness of Ontario industrial demand to the price of electricity during time periods when demand is the strongest has strengthened since market opening except, perha...

OBJECTIVE To estimate the price elasticity of cigarette demand among youth in low- and middle-income countries (LMIC). DATA The Global Youth Tobacco Survey was used to obtain data on the smoking behaviour of 315,353 adolescents from 17 LMIC. DESIGN Two-part model of cigarette demand with country fixed effects. The first part estimates the impact of prices on smoking participation while the ...

Identifying the factors that influence electricity demand in the continental United States and mathematically characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially important, since the electricity price effects of policy implementation can be substantial and the demand response to policy-induced changes in prices can s...