The tobacco data set contains data from 1999-2013 available from the
Sheet1
| St. Louis FED data on tobacco expenditures and prices | ||||
| DTOBRX1A020NBEA | CUUR0000SEGA Author: This series from: https://research.stlouisfed.org/fred2/series/CUUR0000SEGA# the data from the St. Louis FED are monthly, here they are the simple annual average |
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| expenditure | simple average on price index | Year | ln(Q) | ln(P) |
| 121.4 | 355.792 | 1999 | -1.0752544749 | 5.8743453536 |
| 118.5 | 394.908 | 2000 | -1.2037407099 | 5.9786536705 |
| 116.3 | 425.208 | 2001 | -1.2964061854 | 6.0525792449 |
| 110.7 | 461.500 | 2002 | -1.4276582142 | 6.1344820539 |
| 109.4 | 468.992 | 2003 | -1.45557411 | 6.150585 |
| 112.2 | 477.983 | 2004 | -1.4492928713 | 6.1695758644 |
| 111.0 | 502.758 | 2005 | -1.5105794027 | 6.220109604 |
| 113.4 | 519.858 | 2006 | -1.5226349473 | 6.2535563386 |
| 110.7 | 554.184 | 2007 | -1.61067217 | 6.3174960097 |
| 106.8 | 588.682 | 2008 | -1.7069277885 | 6.377885715 |
| 99.5 | 730.316 | 2009 | -1.9933191025 | 6.5934767467 |
| 95.8 | 807.330 | 2010 | -2.1314694088 | 6.6937320937 |
| 94.4 | 834.769 | 2011 | -2.1796142662 | 6.7271553394 |
| 92.9 | 853.459 | 2012 | -2.2177733696 | 6.7492970154 |
| 89.7 | 876.822 | 2013 | -2.2798336182 | 6.7763043873 |