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The Economic Impact of Smoke‐Free Policies on Restaurants, Cafés, and Bars

Panel Data Estimates From European Countries

Bibliographic Data

ID11684666
AuthorsLuca Pieroni (0000-0003-1841-4351, corresponding author), Luca Salmasi (0000-0001-6674-9215)
Year2017
Volume36
Issue4
Pages853-879
Publication date2017-07-19
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Policy Analysis and Management (JOURNAL)
Journal identifiersISSN: 0276-8739 • E-ISSN: 1520-6688
PublisherWiley (PUBLISHER • GB)
DOI10.1002/pam.22016
PMID28991425
OpenAlexW2738516553
LanguageEN
Citations received3
References cited32

In this paper, we investigate the extent to which the economic outcomes of restaurants, bars, and cafés have been affected by the introduction of anti-smoking regulations in Europe. We use an unexploited panel database to collect a comprehensive set of information on financial indicators regarding the balance sheets of private and public companies in various economic sectors. The results show that smoke-free policies did not significantly affect the firms' economic performance, irrespective of the balance sheet indicators analyzed. Moreover, the results are robust to various econometric specifications and suggest that the recent enforcement of anti-smoking legislation in Europe has improved public health without a corresponding negative impact on revenues and employment in the hospitality industry

Balance (ability · Balance sheet · Business · Econometrics · Economics · Enforcement · Hospitality · Hospitality industry · Legislation · Panel data · Public economics · Revenue · Tobacco industry · Tourism · Economics of Agriculture and Food Markets · Energy, Environment, and Transportation Policies · Global Public Health Policies and Epidemiology · Finance

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Unique citing works3
Citations per year0,75
Citation span2022 - 2025 (4)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 3
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