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Tob Control. 2013 May;22(e1):e33-6. doi: 10.1136/tobaccocontrol-2011-050283. Epub 2012 Apr 29.

The influence of a smoking ban on the profitability of Belgian restaurants.

Author information

1
Department of Accountancy and Corporate Finance, University of Ghent, Ghent, Belgium.

Erratum in

  • Tob Control. 2014 Jan;23(1):87.

Abstract

OBJECTIVE:

To examine whether the nationwide smoking ban, imposed in 2007, had an impact on the profitability of Belgian restaurants.

DATA AND METHODS:

Objective financial reporting data on 1613 restaurants were analysed with return on assets as the outcome measure. The data were collected from the Belfirst database and cover the period 2004-2009. To assess the impact of the smoking ban, a differences-in-differences estimation method was used, with bars serving as the control group. The regression model was estimated, while controlling for firm-specific characteristics and unobserved firm-level heterogeneity.

RESULTS:

The variable of interest is the interaction between the smoking ban dummy and the dummy for the treatment group. The coefficient of this variable is insignificant.

CONCLUSION:

The adoption of the nationwide smoking ban did not affect the profitability of Belgian restaurants.

KEYWORDS:

Belgium; Smoking; economics; prevention; profitability; public policy; restaurants

[Indexed for MEDLINE]

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