Table 2

Conditional cigarette consumption price elasticities among smokers (whole sample)

Ln(cigarettes)Model 1Model 2Model 3Model 4Model 5Model 6Model 7
Ln(price)−0.126***−0.141***−0.118***−0.127***−0.141***−0.127***−0.119***
(0.019)(0.019)(0.019)(0.019)(0.019)(0.019)(0.019)
Ln(price) and low-income interaction0.181*0.177*
(0.081)(0.081)
Ln(price) and medium-income interaction−0.058−0.066
(0.054)(0.054)
Ln(price) and missing-income interaction0.1260.093
(0.107)(0.104)
Ln(price) and less than high school interaction−0.029−0.033
(0.121)(0.121)
Ln(price) and high school interaction0.0230.027
(0.046)(0.046)
Female−0.458***−0.449***−0.458***−0.458***−0.449***−0.459***−0.459***
(0.049)(0.049)(0.049)(0.049)(0.049)(0.049)(0.049)
Male (reference category)
Aged 18–24−0.399***−0.415***−0.395***−0.396***−0.413***−0.399***−0.396***
(0.093)(0.091)(0.093)(0.092)(0.090)(0.093)(0.093)
Aged 25–39−0.092**−0.108**−0.091**−0.090**−0.107**−0.091**−0.091**
(0.033)(0.033)(0.033)(0.033)(0.033)(0.033)(0.033)
Aged 40–540.0490.0460.0440.0470.0450.0490.045
(0.026)(0.026)(0.026)(0.026)(0.026)(0.026)(0.026)
Aged 55+ (reference category)
Divorced/widowed dummy0.0310.0330.0160.0310.0330.0300.016
(0.037)(0.037)(0.037)(0.037)(0.037)(0.037)(0.037)
Single dummy−0.081−0.089*−0.090*−0.083−0.092*−0.081−0.090*
(0.045)(0.044)(0.045)(0.045)(0.044)(0.045)(0.045)
Married dummy (reference category)
Low-income dummy−0.088**−0.067*−0.411*−0.382*−0.088**
(0.033)(0.032)(0.160)(0.159)(0.033)
Medium-income dummy−0.052*−0.0360.0540.085−0.052*
(0.024)(0.024)(0.108)(0.108)(0.024)
Missing-income dummy−0.057−0.047−0.292−0.221−0.056
(0.037)(0.037)(0.210)(0.204)(0.037)
High-income dummy (reference category)
Less than high school dummy0.134***0.115**0.135***0.1850.173
(0.041)(0.040)(0.041)(0.219)(0.219)
High school dummy0.111***0.098***0.112***0.0680.046
(0.027)(0.026)(0.027)(0.094)(0.094)
College dummy (reference category)
Unemployed dummy0.060*0.071**0.0430.061*0.072**0.061*0.044
(0.026)(0.027)(0.025)(0.026)(0.027)(0.026)(0.025)
Retired dummy−0.124***−0.120***−0.125***−0.125***−0.120***−0.124***−0.125***
(0.027)(0.027)(0.027)(0.027)(0.026)(0.027)(0.027)
Employ dummy (reference category)
Constant2.739***2.837***2.708***2.740***2.836***2.742***2.713***
(0.050)(0.045)(0.051)(0.051)(0.046)(0.052)(0.052)
Observations13 74813 78513 74813 74813 78513 74813 748
  • SE in parentheses; interview wave and city dummies are not shown in the table.

  • *p<0.10, **p<0.05, ***p<0.01.