Independent Variables
Where:
B-0 Constant (trend multiplier)
B-1 CA excise tax per pack
B-2 Federal excise tax per pack
B-3 Product price per pack
(Retail price - CA tax - Federal tax)
B-4 CA wage and salary income per capita
B-5 CA employment rate
(Inverse of unemployment rate)
B-6 Pre-1966 Surgeon General Report
dummy variable (Equals 1 after 1965)
Previous slide
Next slide
Back to first slide
View graphic version