Simulation on the effects of cigarette price increases (0.1 million packs, 0.1 million won)
Per cent changes in price | Effects | Total population | 1st | 2nd | 3rd | 4th |
---|---|---|---|---|---|---|
Smoking prevalence | 26.3% | 30.8% | 25.8% | 24.6% | 24.1% | |
20 | Reduction in cigarette consumption | 3.69 | 2.0 | 1.26 | 0.7 | 0.7 |
Additional tax revenue | 11 200 | 1496.3 | 2280.3 | 3116.5 | 2786.3 | |
60 | Reduction in cigarette consumption | 11.07 | 5.9 | 3.8 | 2.1 | 2.0 |
Additional tax revenue | 24 600 | −264.5 | 3781.7 | 7667.2 | 6750.4 | |
100 | Reduction in cigarette consumption | 18.45 | 9.8 | 6.3 | 3.5 | 3.3 |
Additional tax revenue | 26 100 | −8363.2 | 1204.2 | 9975.0 | 8570.0 | |
140 | Reduction in cigarette consumption | 25.83 | 13.7 | 8.8 | 4.9 | 4.6 |
Additional tax revenue | 15 600 | −22 799.8 | −5452.4 | 10 039.8 | 8245 |