Department of Statistics, Bahir Dar University, Bahir Dar, Ethiopia, Ethiopia
Research Article
Trend of Tobacco Production, Its Cost of Raw Materials, Amount of Product, Sales Value and Tax Paid in Ethiopia; Application of Multivariate Time Series Analysis
Author(s): Awoke Seyoum Tegegne* and Wosenie Gebireamanuel Hailu
Background: The Ethiopian government wants to decrease and control tobacco usage and reduce it in the near future, which is adopted from the WHO plan. Identifying the association or relationship between raw material costs, amount of tobacco production, total sales value and tax paid about tobacco product is important to achieve the government’s tobacco usage reduction plan. The study aimed to examines the relationship between tobacco product, raw material cost, sale value and tax paid in Ethiopia using annual time series data from the 1996 to 2018.
Method: The study used the best popular method of Augmented Dickey Fuller and Phillips Peron unit root test for stationarity test. Johansen cointegration test was used to determine the number of co-integrating equation. The co-integration test used to show the presence of long run relationsh.. Read More»
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