Tuesday, November 25, 2008

Smoking ban hurts Columbia

Federal Reserve economist Dr. Michael Pakko found that the Columbia smoking ban cut the bar trade 11 percent, restaurants that serve alcohol 6.5 percent and the overall Columbia restaurant trade 3.5 percent.


Pakko

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Further research by Dr. Michael Pakko:

http://research.stlouisfed.org/econ/pakko/mpbans.html