cigDemand {pdynmc}

Cigarette consumption in the US

Description

Balanced panel dataset on annual cigarette consumption in the US for the 48 continental states in the years 1985 until 1995. The dataset is available from Stock and Watson (2003) and used in Stock and Watson (2019) and Fritsch et al. (2024). Gratitude is owed to Jonathan Gruber of MIT for providing the data.

Usage

data(cigDemand)

Format

A dataset with 528 rows and 9 variables containing:

state

state

year

year

cpi

consumer price index (US)

pop

state population

packpc

number of cigarette packs sold per capita and year

income

state personal income (total, nominal)

tax

average federal, state, and local excise taxes on cigarettes for fiscal year in cents per pack

avgprs

average price during fiscal year in cents per pack (including sales taxes)

taxs

average excise tax for fiscal year in cents per pack (including sales taxes)

References

Fritsch M, Pua AAY, Schnurbus J (2024). “Teaching Advanced Topics in Econometrics using Introductory Textbooks: The Case of Dynamic Panel Data Methods.” Working Paper.

Stock JH, Watson MM (2019). Introduction to Econometrics, Fourth edition. Pearson.

Stock JH, Watson MW (2003). “cig_ ch10, cig85_95, Instructional Stata datasets for econometrics cig8595.” https://ideas.repec.org/p/boc/bocins/cig8595.html.

Examples

## Not run: 
  data(cigDemand, package = "pdynmc")
  packs <- cigDemand$packpc
  tax <- cigDemand$tax
  \donttest{plot(y = packs, x = tax)}

## End(Not run)