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Table 2 Own- and cross-price elasticity estimates

From: Price elasticity and affordability of aerated or sugar-sweetened beverages in India: implications for taxation

 

ASB

Juice

Milk

Tea

Full sample

 ASB

−0.944 (0.073)*

0.206 (0.055)*

−1.807 (0.188)*

0.271 (0.054)*

 Juice

1.533 (0.412)*

−0.550 (0.385)

− 0.130 (1.907)

− 0.164 (0.315)

 Milk

− 0.339 (0.035)*

− 0.001 (0.047)

− 0.389 (0.064)*

0.208 (0.026)*

 Tea

0.541 (0.107)*

−0.041 (0.084)

2.250 (0.284)*

−0.989 (0.116)*

Rural Sample

 ASB

−1.000 (0.128)*

0.166 (0.092)***

−2.008 (0.354)*

0.324 (0.099)*

 Juice

2.013 (1.132)***

−0.486 (0.762)

0.904 (6.254)

−0.293 (0.838)

 Milk

−0.391 (0.068)*

0.016 (0.098)

−0.312 (0.123)**

0.255 (0.049)*

 Tea

0.701 (0.215)*

−0.050 (0.148)

2.902 (0.546)*

−1.273 (0.217)*

Urban Sample

 ASB

−0.992 (0.094)*

0.200 (0.066)*

−1.539 (0.231)*

0.239 (0.061)*

 Juice

1.161 (0.387)*

−0.581 (0.441)

−0.556 (1.708)

0.039 (0.306)

 Milk

−0.351 (0.052)*

− 0.019 (0.066)

− 0.196 (0.085)**

0.191 (0.036)*

 Tea

0.457 (0.116)*

0.016 (0.100)

1.631 (0.303)*

−0.858 (0.106)*

  1. The elasticity in row i, column j estimates the effect of a change in the price of good j on the quantity demanded of good i. Values in parentheses are the bootstrapped standard errors calculated by making 1000 draws from the second stage cluster-level regressions. Assuming the estimates follow a normal distribution, the coefficients with *, **, and *** imply levels of significance at 1, 5, and 10%, respectively