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Table 1 Estimated price and expenditure elasticity valuesa

From: The synergistic effect of cigarette taxes on the consumption of cigarettes, alcohol and betel nuts

Item

Budget share

Expenditure

Prices

   

Cigarettes

Alcohol

Betel nuts

  

1.0062

-0.6517

-0.2503

-0.1041

Cigarettes

0.439

    
  

(4.708)**

(-6475)**

(-2.842)**

(-2.526)**

  

0.8104

-0.1881

-0.5871

-0.0351

Alcohol

0.401

    
  

(2.433)**

(-1.247)

(-4.407)**

(-0.546)

  

1.4578

-0.4840

-0.3476

-0.6261

Betel nuts

0.160

    
  

(1.116)

(-0.857)

(-0.857)

(-2.481)**

  1. Notes: t ratios are shown in parentheses.
  2. a. Marshallian own-price elasticities
  3. ** Statistically significant at 5% level