An optimal cigarette tax in Malaysia

Determination an optimal cigarette excise tax is essential for the government to ensure that price of cigarette after tax is high enough to reduce consumption of cigarette and generate maximum tax revenue to the government. It is timely that government should consider having a specific tobacco contr...

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Main Authors: Mohamed Nor, Norashidah, Raja Abdullah, Nik Mustapha, Rampal, Lekhraj, Mohd Noor, Zaleha
Format: Article
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2013
Online Access:http://psasir.upm.edu.my/id/eprint/39506/
http://psasir.upm.edu.my/id/eprint/39506/1/39506.pdf
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author Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Rampal, Lekhraj
Mohd Noor, Zaleha
author_facet Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Rampal, Lekhraj
Mohd Noor, Zaleha
author_sort Mohamed Nor, Norashidah
building UPM Institutional Repository
collection Online Access
description Determination an optimal cigarette excise tax is essential for the government to ensure that price of cigarette after tax is high enough to reduce consumption of cigarette and generate maximum tax revenue to the government. It is timely that government should consider having a specific tobacco control policy funded from earmarking of revenues from cigarette tax increases or “sin tax”. The estimated regression of optimal cigarette tax is based on Laffer curve equation. In this study, the estimated optimal real excise tax rate is 0.216 sen or 0.262 nominal excise tax rate per stick, which is 16.5% higher than the excise tax rate in 2009. The increase in real revenue that can be earned after imposing an optimal excise tax is 18% and 23.6% in the short run and long run respectively. The expected reduction in consumption per capita for cigarette is 6.4% in the short run and 11.6% in the long run.
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spelling upm-395062015-08-03T04:10:33Z http://psasir.upm.edu.my/id/eprint/39506/ An optimal cigarette tax in Malaysia Mohamed Nor, Norashidah Raja Abdullah, Nik Mustapha Rampal, Lekhraj Mohd Noor, Zaleha Determination an optimal cigarette excise tax is essential for the government to ensure that price of cigarette after tax is high enough to reduce consumption of cigarette and generate maximum tax revenue to the government. It is timely that government should consider having a specific tobacco control policy funded from earmarking of revenues from cigarette tax increases or “sin tax”. The estimated regression of optimal cigarette tax is based on Laffer curve equation. In this study, the estimated optimal real excise tax rate is 0.216 sen or 0.262 nominal excise tax rate per stick, which is 16.5% higher than the excise tax rate in 2009. The increase in real revenue that can be earned after imposing an optimal excise tax is 18% and 23.6% in the short run and long run respectively. The expected reduction in consumption per capita for cigarette is 6.4% in the short run and 11.6% in the long run. Faculty of Economics and Management, Universiti Putra Malaysia 2013-12 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/39506/1/39506.pdf Mohamed Nor, Norashidah and Raja Abdullah, Nik Mustapha and Rampal, Lekhraj and Mohd Noor, Zaleha (2013) An optimal cigarette tax in Malaysia. International Journal of Economics and Management, 7 (2). pp. 205-220. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol7_no2.htm
spellingShingle Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Rampal, Lekhraj
Mohd Noor, Zaleha
An optimal cigarette tax in Malaysia
title An optimal cigarette tax in Malaysia
title_full An optimal cigarette tax in Malaysia
title_fullStr An optimal cigarette tax in Malaysia
title_full_unstemmed An optimal cigarette tax in Malaysia
title_short An optimal cigarette tax in Malaysia
title_sort optimal cigarette tax in malaysia
url http://psasir.upm.edu.my/id/eprint/39506/
http://psasir.upm.edu.my/id/eprint/39506/
http://psasir.upm.edu.my/id/eprint/39506/1/39506.pdf