E-cigarettes are a cheap and effective way of reducing the risk of smoking, but a new study suggests that they could have a huge impact on the global economy.
The study, conducted by the Oxford Economics Unit at Oxford University, found that the world’s e-cigarette market could potentially contribute to the world economy by generating more than $100 billion annually.
The researchers estimate that by 2030, there could be as many as 7.2 billion people who use e-cigarettes to help them quit smoking, and that the market would generate about $1.2 trillion in economic activity, a significant amount of which could be reinvested in the global recovery.
“The growth in the e-cig market could help to generate more jobs than it would replace,” said the Oxford researchers, who also found that e-cigs could help reduce air pollution.
“It is not surprising that, with the rapid development of new technologies and products, a large proportion of the e cigarettes sold in the market will be used to help people quit smoking.”
E-cigarettes may not be the most socially acceptable alternative to smoking, however.
According to the Centers for Disease Control and Prevention, they can be a gateway to smoking and cause many health problems, including respiratory problems and asthma, and some have even been linked to cancer.
While the study is encouraging, its findings are also not without problems.
For one thing, the researchers say that the overall economy could be harmed by the market if people stop buying and using e-liquid products.
“If the overall global economy were to grow at the rate of the global e-cartel, which it could, then the total economic impact would be very small,” said study co-author and economist Simon Jenkins.
This isn’t the first time that a study has come out pointing to a potential negative impact of e-tanks on the economy.
In February, a study by the London School of Economics suggested that e.cigarette taxes would have a negative impact on global economic growth.
For the study, researchers at the Oxford Economists Unit used data from the United Nations Food and Agriculture Organization to estimate how much the world could lose if e-flavors were banned from the global market.
They found that if e.flavoring was banned, the overall world economy would lose an estimated $7.3 trillion in goods and services, about $3 trillion more than if e,flavouring was allowed.
The Oxford Economics unit also found some potential upside to the study’s findings.
One of the biggest risks of the study would be that e cigarettes could become a gateway into smoking.
E e-smokers may be tempted to try the e liquid product instead of the cigarettes, which could potentially increase their risk of developing lung cancer, asthma and other health problems.
But even if the e cigarette market is restricted, the Oxford economists said that they think it would still create jobs and boost the global economic recovery.
“The real benefit of e cigarette sales is that they are inexpensive and convenient,” said Jenkins.
“They provide a low-cost alternative to traditional cigarettes, and they are a highly efficient way of introducing people to nicotine.
They provide an alternative to cigarettes in the developed world that are a big pain in the arse.”