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Table 5 The effect of tobacco price on the prevalence of smoking

From: The effects of tobacco taxation and pricing on the prevalence of smoking in Africa

 

Model 1

Model 2

Model 3

L.Smoking

1.30***

1.31***

1.38***

(0.07)

(0.07)

(0.10)

GDP per cap.

0.07

0.07

0.09

(0.05)

(0.05)

(0.08)

Urbanization

0.28

0.31

0.39*

(0.23)

(0.23)

(0.22)

Price

−0.43***

− 0.44***

− 0.52***

(0.10)

(0.11)

(0.14)

Death rate

 

−0.06

− 0.02

 

(0.24)

(0.16)

FDI

  

−0.04

  

(0.03)

Constant

−3.78**

−3.65*

−4.99**

(1.54)

(1.93)

(2.11)

Observations

144

144

144

Countries

24

24

24

Instruments

15

16

17

AR(2)

−0.90

−0.97

−0.85

AR(2) p-value

0.37

0.33

0.40

Hansen

4.88

4.82

2.43

Hansen p-value

0.43

0.44

0.79

Wald chi2

680.90

951.53

1253.67

Wald chi2 p-value

0.00

0.00

0.00

  1. L.Smoking refers to the first lag of smoking prevalence; Death rate and FDI are introduced in Models 2 and 3 to show the robustness of the effect of price; AR (2) refers to second-order serial correlation test; Hansen refers to the test for overidentification; Robust standard errors in parentheses; * p < 0.1, ** p < 0.05, *** p < 0.01; For brevity, year dummies are not reported