Effects of an Increase in the Federal Excise Tax on Cigarettes
用对数线性均衡位移模型，结合已有参数估计和近期数据，分析美国卷烟消费税增加对烟草产业的影响，发现对国内烟草价格影响小，但对生产者收入、配额租赁费和经济租金影响显著。
Abstract The economic impact of a cigarette tax increase on the cigarette and tobacco industries depends on market forces and on the U.S. tobacco program. This study uses a log‐linear equilibrium displacement model, parameter estimates from prior studies, and recent data to indicate quantitative effects. International trade implies that the effect of the tax increase on the price of domestic tobacco will be small, even in the case of fixed tobacco quotas. However, the effects on tobacco producers' revenue, quota lease rates, and producer economic rents can be significant, depending on the response of U.S. tobacco policy to a tax change.