Estimating the Impact Of Government Regulation on Cigarette Demand In The United States in 2014
1. INTRODUCTION: A brief introduction, which introduces your managerial economics-related topic, why you chose this topic and what you specifically plan to investigate. (1 Page)
2. RELEVANT LITERATURE REVIEW: This part of your study should focus on the findings of previous researchers as it related to your chosen topic. You will need to fully document and discuss all major economic articles dealing with your topic. (2 Pages)
3. ECONOMIC THEORY. This part of the investigation will build upon the literature review and must contain your chosen theoretical model along with all a priori hypotheses regarding the impact of your economic factors. (see pp. 69-71 in Studenmund) (1Page)
4. DATA COLLECTION: This section must contain actual data that will be used in your statistical investigation. In addition, each report is to contain a complete list of references to all data sources used in the course of your investigation. (see pp. 72-74 in Studenmund) (2Pages)
5. EMPIRICAL INVESTIGATION: This part of the investigation must include the statistical model and results (obtained by the statistical software STATA). The results section should contain a complete discussion of the OVERALL statistical performance, as well as, the SPECIFIC statistical analysis of your model. (see pp. 74- 76 in Studenmund) (2 Pages)
6. CONCLUSIONS: This final part of the investigation summarizes the major points of your investigation. It is at this point that you may want to point out what future investigations on your topic could do to improve upon what you did.(2 Pages)
8. REFERENCES: The reference section must contain a full set of all documentation utilized in the report. You may also want to see the following: http://www.chicagomanualofstyle.org/tools_citationguide.html
the basic Chicago-style Guide to citations for more detail on proper referencing format for reference material. (1Page)
These Steps are Found in Chapter 3 of the textbook, Using Econometrics A Practical Guide 6th edition by Studenmund. A complete presentation of the textbook can also be found in the following link,
http://site.iugaza.edu.ps/ssafi/files/2011/10/Lectures-PowerPoints.pdf
For Step 2 of the literary review, ONLY the following article must be analyzed: Richard Cebula, Maggie Foley and Robert Houmes. “Empirical Analysis of the impact of Cigarette Excise Taxes on Cigarette Consumption: Estimates for Recent State-level Data.” Journal of Economics and Finance. 2014 Vol. 38, pp. 164-180. I have already completed this part of the project and it is ATTACHED as an additional material. My version needs to simply be polished.
Apart From this, I am attaching another document which includes a list of possible sources, which have been referenced in the article required to be analyzed for the Literary review part of the assignment and therefore, these should be referred to when MODIFYING my version of the literary review or step 2 of the project.