caa a22 4500 467930015 CHVBK 20180406152940.0 cr unu---uuuuu 170328e20060501xx s 000 0 eng 10.1007/s11151-006-0015-7 doi (NATIONALLICENCE)springer-10.1007/s11151-006-0015-7 Tan Wei Department of Economics, State University of New York at Stony Brook, 11794, Stony Brook, NY, USA aut The Effects of Taxes and Advertising Restrictions on the Market Structure of the U.S. Cigarette Market [Elektronische Daten] [Wei Tan] A dynamic oligopoly model of the cigarette industry is developed to study the effects of anti-smoking policies on the market structure of the U.S. cigarette industry. Firms are modeled as competing in price and advertising in a dynamic game. Two commonly used anti-smoking policies - advertising restrictions and tobacco tax increases - are evaluated using calibrated parameters. The simulation results show that in the long run both advertising restrictions and tax increases can successfully reduce the smoking rate. However, advertising restrictions reduce the smoking rate mainly in an indirect way through their impact on the concentration of the market, while tax increases reduce the smoking rate directly and have little effect on the concentration of the market. In addition, in the short run, advertising restrictions have a much smaller effect on reducing the smoking rate than tax increases. Springer, 2006 Dynamic oligopoly nationallicence market structure nationallicence cigarette industry nationallicence JEL classification nationallicence L1 nationallicence L51 nationallicence L66 nationallicence M37 nationallicence Review of Industrial Organization Kluwer Academic Publishers 28/3(2006-05-01), 231-251 0889-938X 28:3<231 2006 28 11151 https://doi.org/10.1007/s11151-006-0015-7 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11151-006-0015-7 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Tan Wei Department of Economics, State University of New York at Stony Brook, 11794, Stony Brook, NY, USA aut NATIONALLICENCE 773 0- Review of Industrial Organization Kluwer Academic Publishers 28/3(2006-05-01), 231-251 0889-938X 28:3<231 2006 28 11151 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer