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JTI launches new products and reports strong Q1 By Charlotte Turner | Japan Tobacco International (JTI) presented its new Mild Seven pack design on the last day of the Tax Free World Association (TFWA) Asia Pacific exhibition in Singapore

Columns 3 and 4 of this graphic provide the OLS estimation results of regressing the residuals from the log-linear naive model against the tax differential and population variables described above

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That tax, now at 24 cents per pack, brought in around $12 billion in federal revenue last year