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Drugs, Economics & Policy

The Economics Of Tobacco Regulation

The past five years have seen a dramatic turn of events against the tobacco industry, raising the question of the appropriate future path for U.S. smoking policy. This paper discusses the theory and evidence on regulation of smoking. I begin by reviewing the background on this industry. I then turn to a discussion of the motivations for regulating smoking, both external and internal to the smoker. I conclude with a discussion of future policy directions.

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				W Max, D P Rice, H-Y Sung, X Zhang, and L Miller The economic burden of smoking in California Tob. Control, September 1, 2004; 13(3): 264 - 267. [Abstract] [Full Text] [PDF]