Assessing the impact of excise duties on a state’s revenues: the case of Greece

Christos Papageorgiou; Panagiotis Farlekas; Zacharias Dermatis; Athanasios Anastasiou; Panagiotis Liargovas

doi:10.3326/pse.45.3.4

Assessing the impact of excise duties on a state’s revenues: the case of Greece

Authors

Christos Papageorgiou Department of Economics, University of Peloponnese, Tripolis Campus, Tripolis, Greece https://orcid.org/0000-0002-2674-5495
Panagiotis Farlekas Department of Economics, University of Peloponnese, Tripolis Campus, Tripolis, Greece https://orcid.org/0000-0002-0414-4947
Zacharias Dermatis Department of Management Science and Technology, University of Peloponnese, Tripolis Campus, Tripolis, Greece https://orcid.org/0000-0001-5605-3169
Athanasios Anastasiou Department of Management Science and Technology, University of Peloponnese, Tripolis Campus, Tripolis, Greece https://orcid.org/0000-0003-4546-7846
Panagiotis Liargovas Department of Economics, University of Peloponnese, Tripolis Campus, Tripolis, Greece https://orcid.org/0000-0002-2570-0156

DOI:

https://doi.org/10.3326/pse.45.3.4

Keywords:

excise duties, specific excise tax, ad valorem excise tax, tobacco product, cigarette, fine-cut tobacco, Greece

Abstract

The purpose of this study is to assess the impact of excise duties on tobacco products on state’s revenues. Increasing excise duties on tobacco may act as a means to reduce the consumption of this product and thus to have a positive effect on citizens’ health and prosperity. Our research showed that an increase in consumer income will result in a certain increase in cigarette consumption and an analogous decrease in fine-cut tobacco consumption, while a similar increase in cigarette price results in a small decrease in cigarette consumption and a very large increase in fine-cut tobacco consumption. Additionally, stepping up an anti-smoking campaign results in a decrease in cigarette consumption. Specifically for Greece we found that during 2019 and 2020 there will be a decrease in the state’s revenues from excise duties on tobacco products of €150-€200 million each year

Downloads

Published

2021-09-06

How to Cite

Papageorgiou, C., Farlekas, P., Dermatis, Z., Anastasiou, A., & Liargovas, P. (2021). Assessing the impact of excise duties on a state’s revenues: the case of Greece. Public Sector Economics, 45(3), 387–412. https://doi.org/10.3326/pse.45.3.4

Download Citation

Issue

Vol. 45 No. 3 (2021)

Section

Articles

License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Copyright Notice

Public Sector Economics (PSE) is a an Open Access Journal licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, which permits use and redistribution (commercial and non-commercial), as long as the licensed work is passed along unchanged and in whole, with credit to PSE as original publisher.

Authors retain the copyright on the papers published in PSE but grant the right of first publication to the journal.

Papers published in PSE can be re-published only exceptionally and in unaltered form, e.g., as a chapter in a volume of an author’s collected papers, or as an unabridged translation for educational purposes. The author(s) must obtain written permission of the publisher and clearly indicate in a first page footnote the reference to the original publication in PSE.

Individual users may access, download, copy and display the papers published in PSE, provided that the authors’ intellectual and moral rights, reputation and integrity are not compromised. It is the obligation of the user to ensure that any reuse complies with the copyright policies of the owners.

If the content of papers published in the PSE is copied, downloaded or otherwise reused for non-commercial research and educational purposes, a link to the appropriate bibliographic citation (authors, title of the paper, PSE volume, year and page numbers) should be provided. Copyright notices and disclaimers must not be deleted.