Research

The Effectiveness of Tax Policy Changes in Montenegro- Smoking Behavior by Socioeconomic Status

This policy brief was produced by the Institute of Socioeconomic Analysis in Montenegro and examines the impacts of higher taxes on tobacco products on smoking prevalence and government revenue. The research simulates the impact of the 2024 tobacco tax reforms according to the government excise calendar and finds that these reforms would lower smoking prevalence among the low- and middle-income households while also increasing government revenue by 11.3 percent.