Sensitivity analysis: price elasticity–averages
| Elasticity | Retail sales price | Sales volumes | Excise revenue | Total tax revenue |
| ECOWAS (15) minimum rates (50%+specific=US$0.40) | ||||
| −0.9 | 51% | −26% | 337% | 191% |
| −0.7 | 51% | −22% | 373% | 213% |
| −0.5 | 51% | −16% | 412% | 238% |
| WAEMU (8) minimum rate (50%) | ||||
| −0.9 | 2% | −2% | 16% | 10% |
| −0.7 | 2% | −1% | 17% | 10% |
| −0.5 | 2% | −1% | 17% | 11% |
ECOWAS, Economic Community of West African States; WAEMU, West African Economic and Monetary Union.