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Table 3 Own- and cross-price elasticity estimates: income groups

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

 

ASB

Juice

Milk

Tea

Low-income Households

ASB

−1.035 (0.075)*

0.073 (0.090)

−0.439 (0.321)

− 0.032 (0.081)

Juice

0.529 (0.688)

−0.064 (1.745)

−0.964 (5.407)

0.816 (0.944)

Milk

−0.096 (0.061)

−0.022 (0.134)

− 0.124 (0.125)

0.118 (0.055)**

Tea

−0.059 (0.144)

0.196 (0.222)

1.189 (0.517)**

−0.045 (0.256)

Middle-income Households

ASB

−0.913 (0.072)*

0.214 (0.083)**

−1.268 (0.241)

0.105 (0.042)**

Juice

1.616 (0.641)**

1.241 (1.208)

−3.294 (4.402)

−0.548 (0.501)

Milk

−0.273 (0.051)*

−0.087 (0.122)

0.345 (0.196)***

0.093 (0.039)**

Tea

0.289 (0.114)**

−0.187 (0.175)

1.223 (0.488)**

−0.723 (0.108)*

High-income Households

ASB

−0.832 (0.079)*

0.012 (0.072)

−2.033 (0.236)*

0.249 (0.056)*

Juice

0.083 (0.566)

−0.408 (0.472)

2.763 (1.922)

−0.212 (0.335)

Milk

−0.452 (0.053)*

0.081 (0.055)

−0.150 (0.142)

0.156 (0.046)*

Tea

0.433 (0.097)*

−0.046 (0.075)

1.198 (0.356)*

−0.869 (0.112)*

  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 cluster-level regressions. Assuming the estimates follow a normal distribution, the coefficients with *, **, and *** imply levels of significance at 1, 5, and 10%, respectively