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Relationship between consumption of cigarettes and alcohol in the Czech Republic
 Kania, Vojtěch ; Votápková, Jana (advisor) ; Štěpánek, Martin (referee)
This thesis investigates the relationship between the consumption of cigarettes and pure alcohol in the Czech Republic during 1955-2016. It tests for a unit root in both series using ADF test and KPSS test. Next, Engle-Granger procedure and Johansen trace test are used to test for a cointegration relation between the two time-series. Both the ADF and the KPSS test found a presence of a unit root when controlled for a shift in a mean in 1989. However, Engle-Granger procedure did not find enough evidence for a cointegration relation, which was confirmed by Johansen trace test. The same results were obtained when only a subsample 1955-1989 was considered.
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