EFFECTS OF HEALTH RISK INFORMATION ON ADDICTIVE GOODS CONSUMPTION: A CASE OF TOBACCO,ALCOHOL, AND BETEL NUTS IN TAIWAN |
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| Authors: | JIE‐MIN LEE SHENG‐HUNG CHEN HSIANG‐HSI LIU JUNG‐YAO HUNG MEI‐YUN HUANG |
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| Institution: | 1. Lee: Associate Professor and Department Head, Department of Logistics Management, National Kaohsiung Marine University, Kaohsiung, Taiwan. Phone +886 7 3617141 ext 3459, E‐mail jmlee866@yahoo.com.tw;2. Chen: Assistant Professor, Department of Finance, Nan Hua University, Chiayi, Taiwan. Phone +886 5 2721001 ext. 56541, E‐mail shenghong@mail.nhu.edu.tw;3. Liu: Professor and Director, Graduate Institute of International Business, National Taipei University, Taipei, Taiwan. Phone +886 2 26748189 ext. 66878, E‐mail hsiang@mail.ntpu.edu.tw;4. Hung: Assistant Professor, Department of Logistics Management, National Kaohsiung Marine University, Kaohsiung, Taiwan. Phone +886 7 3617141 ext. 3460, E‐mail yaoyaoya@mail.nkmu.edu.tw;5. Huang: Director, Academic Affairs Section, Chi‐Hsien Junior High School, Kaohsiung, Taiwan. Phone +886 7 2810946 ext. 12, E‐mail aann866@yahoo.com.tw |
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| Abstract: | This paper empirically investigates the relationship between the dissemination of information about the health risks of tobacco, alcohol, and betel nuts and their consumption in Taiwan. To estimate cross‐elasticities, the paper uses the Central Bureau of Statistics demand system model. Empirical results indicate that an increase in the dissemination of information on the health risks of tobacco, alcohol, and betel nuts substantially reduces real consumption. Empirical evidence from the cross‐elasticity of price also confirms that a complementary relationship exists in Taiwan among these three addictive products. (JEL D12, Q11, H26) |
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