Table 2

Estimates of elasticities for overall and subgroups of population (SE in parentheses)

ElasticitiesTotalQuintiles 1 and 2Quintile 5
Price elasticity−0.77***−1.43−0.88***
(0.07)(17.20)(0.21)
Total expenditure elasticity0.43***0.37***0.13**
(0.02)(0.06)(0.06)
Quality elasticity0.05***−0.030.08***
(0.01)(0.02)(0.02)
  • ***Statistically significant at 1%; **statistically significant at 5%; *statistically significant at 10%.