Table 1 Estimated uncompensated price and expenditure elasticity of alcoholic beverages
From: The possible impact of an alcohol welfare surcharge on consumption of alcoholic beverages in Taiwan
Type of alcoholic products | Estimated expenditure elasticity | Estimated price elasticity | |||
|---|---|---|---|---|---|
beer | wine | whisky | brandy | ||
beer | 0.855** (21.987) | −0.820** (−19.327) | 0.014 (1.662) | −0.044** (−3.904) | −0.002 (−0.153) |
wine | 2.207** (7.057) | −0.595 (−1.422) | −0.955** (−4.414) | −0.089 (−0.681) | −0.560** (−3.775) |
whisky | 1.051** (6.331) | −0.609** (−3.448) | 0.0005 (0.014) | −0.587** (−5.854) | 0.147* (1.950) |
brandy | 1.978** (7.034) | −0.931** (−3.194) | −0.142** (−3.619) | 0.061 (0.823) | −0.958** (−7.258) |