ERIC Number: EJ759312
Record Type: Journal
Publication Date: 2004
Pages: 13
Abstractor: Author
ISBN: N/A
ISSN: ISSN-0276-8739
EISSN: N/A
The Impact of the Master Settlement Agreement on Cigarette Consumption
Sloan, Frank A.; Trogdon, Justin G.
Journal of Policy Analysis and Management, v23 n4 p843-855 Fall 2004
In 1998, 46 states and the four major tobacco companies signed the Master Settlement Agreement (MSA), which stipulated that the tobacco companies pay states $206 billion over 25 years and take steps to reduce youth smoking. The remaining states settled separately. We sought to determine the effect of the settlements on demand for cigarettes. Using a nationwide sample from 1990 to 2002, we estimated a model of the decision to smoke cigarettes. The settlements affected smoking primarily through price increases for cigarettes, although there was evidence that other policy instruments influenced smoking rates for younger smokers. By 2002, the settlements had reduced overall smoking rates by 13 percent for ages 18 to 20 and older than 65 and 5 percent for ages 21 to 64.
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A