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Social and Behavioral Sciences

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1984

Tobacco

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Policy Interdependence, Causality And Supply Response In World Markets: The Case Of U.S. And Australian Tobacco, Steven Blank Nov 1984

Policy Interdependence, Causality And Supply Response In World Markets: The Case Of U.S. And Australian Tobacco, Steven Blank

Economics Staff Paper Series

The economic impact of international policy interdependence is illustrated using the world tobacco market as an example. The price discovery process is assessed using U.S. and Australian data. It appears that world tobacco prices are set through an oligopolistic rule-of-thumb pricing system with the U.S. being the tacit price leader. As a result, there has been a causal relationship between U.S. and Australian tobacco prices . However, no direct supply response to U.S. prices was observed in Australian markets.


Ua12/2/1 College Heights Herald Magazine, Wku Student Affairs Oct 1984

Ua12/2/1 College Heights Herald Magazine, Wku Student Affairs

WKU Archives Records

Special issue of College Heights Herald featuring articles:

  • Colyer, David. Rockin’ with the ‘80s
  • Dezern, Craig. Burley Men – Tobacco
  • Brown, Jill. Searching for Mr. Right