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Table 2 The estimated overall cigarette price and income elasticities of the current smokers, 2000–2003a

From: The effect of cigarette price increase on the cigarette consumption in Taiwan: evidence from the National Health Interview Surveys on cigarette consumption

 

2000

2001

2002

2003

Price elasticity

-0.3134

(-2.894)*

-0.3684

(-3.482)*

-0.5274

(-3.143)*

-0.3090

(-1.531)

Income elasticity

0.0069

(0.708)

0.0042

(0.504)

-0.0012

(-0.125)

0.0320

(2.916)*

  1. a. t ratios are shown in parentheses.
  2. * p < 0.05.