Tax and Subsidy Policy Model for Achieving a Tobacco-Free Nation

Tobacco use or cigarette smoking has predominantly unenthusiastic effects on human wellbeing causing diminished overall health welfare, minimized labour productivity and efficiency, and augmented health care cost. Recognized health and socio-economic outlays of smoking, countries began to intervene...

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Bibliographic Details
Main Author: Whakeshum, Sisay Tolla; Jimma University
Format: PDF Document
Language:eng
Published: Journal of International Trade, Logistics and Law 2020
Subjects:
Online Access:http://jital.org/index.php/jital/article/view/134
Description
Summary:Tobacco use or cigarette smoking has predominantly unenthusiastic effects on human wellbeing causing diminished overall health welfare, minimized labour productivity and efficiency, and augmented health care cost. Recognized health and socio-economic outlays of smoking, countries began to intervene in the market of tobacco by the use of price and tax procedures with the intention of tumbling tobacco consumption and exposure. However, these interventions have featured some controversies on essential issues like freedom and utility concern from consumers and unemployment worries from producers and vendors. Therefore, to address these arguments the researcher developed intervention policies entitled “Policy Model of Tax and Subsidy to Achieve Sustainable Tobacco Control” well-thought-out tax and subsidy policies as a complement rather than substitute strategies to have a comprehensive campaign on controlling tobacco consumption and exploitation. Furthermore, the developed model can openly apply to other damaging products like khat, cocaine, etc.