0
0
0
s2sdefault

For a study of e-cigarette taxation to have any public health relevance, it must consider the impact of e-cigarette prices on cigarette demand. Cigarettes and e-cigarettes are economic substitutes. The demand for one responds to changes in the price of the other, an idea well understood in economics and quantified through the concept of cross-elasticity. The paper appears to pay no regard to the impact of vaping taxes on cigarette demand, [...]