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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