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Though the approach ignores short-run dynamic effects and the possibility of endogeneity, it is justified on the grounds that the OLS estimators are super-consistent (i.e., due to the presence of cointegration they converge to their true values at a faster rate than conventional OLS estimators with stationary variables) 13 The dependent variable is annual average consumption of cigarettes, measured in kilogram, per adult aged 15 and above, and is regressed on average annual price, per capita GDP, and a dummy variable representing the tobacco control legislation