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Impacts of changes in taxation on consumption of tobacco products, government budget and illegal market in the Czech Republic
Vašíčková, Pavla ; Ševčík, Miroslav (advisor) ; Šlajs, Jan (referee)
The thesis describes and analyzes the excise tax on tobacco products and the relevant market in the Czech Republic. Changes of the excise tax on tobacco products in the Czech Republic and their impacts on the public finance, on sales of tobacco products, and on illegal market trading these products are analyzed as well as effects of government regulation on the tobacco products market. The thesis concludes that increasing excise taxes, due to the Peltzman effect, may lead to originally unintended consequences which are in the contradiction to arguments in favor of the tax increase. Distortions on the tobacco products' market make the efficient regulation difficult.
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Jezdí Sam Peltzman i na motorce?
Šeneklová, Zuzana ; Bartoň, Petr (advisor) ; Mirvald, Michal (referee)
This thesis analyzes an overall impact of regulation prescribing mandatory use of motorcycle helmets on relative frequency of fatal accidents in Lousiana. The estimate of the impact is performed by using modified method "Difference in Differences", assuming common trend of treated and control group and the assumption of exogeneity of change in regulation. Covered period is between years 1994 and 2008, during which two major changes were applied to law in Louisiana -- in 1999 the regulation for bikers aged 18 years had been abolished and in 2004 reestablished. The thesis focuses mainly on the effect of the abolition of the regulation and leads to a result, that the change in regulation had a significant effect on increasing number of fatal accidents. The second part focuses on Peltzman's effect, especially on expression of inverted Peltzmans effect in response to same surveilled change in regulation. It focuses on whether the bikers after the abolition of regulation, which increased driving safety, adjusted to this increased risk by reducing an average speed. Observations show that bikers adjust only immediatly after the change in regulation, after that it is followed by slow but sustained growth in average speed which leads to accidents.
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