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022 _a00222186
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHB73 JOU
100 1 _aAdda, Jérôme
_eauthor
245 1 0 _aMarket regulation and firm performance :
_bthe case of smoking bans in the United Kingdom/
_ccreated by Jérôme Adda, Samuel Berlinski and Stephen Machin
264 1 _aChicago :
_bUniversity of Chicago Press,
_c2012.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Law and Economics
_vVolume 55, number 2
520 3 _aThis paper analyzes the effects on firms of a ban on smoking in public places. Our empirical strategy relies on comparing outcomes in Scotland before and after the Scottish smoking ban (introduced in March 2006) with those in northern England, where such a ban was not in place. Our analysis of survey data collected from public houses finds that the Scottish smoking ban reduced pub sales with no concomitant effect on prices. An event study analysis of the stock market performance of pub-holding companies corroborates the negative effect of the smoking ban on firm performance
650 _aBeers
_vEmpirical evidence
_xP values
650 _aPubs
_vQuestionnaires
_xSales presentations
650 _aShort sales
_vStatistical significance
_xStock markets
700 1 _aBerlinski, Samuel
_eco author
700 1 _aMachin, Stephen
_eco author
856 _uhttps://doi.org/10.1086/663349
942 _2lcc
_cJA
999 _c164354
_d164354