Demand price elasticities of cigarettes in Argentina, by deciles of household per capita income: prevalence, consumption and total elasticities
| Decile | Panel A: probit in prevalence | Panel B: linear probability model in prevalence | ||||
| Prevalence | Consumption | Total price elasticity | Prevalence | Consumption | Total price elasticity | |
| 1 | −0.084 (0.0615) | −0.765*** (0.0068) | −0.849*** (0.0546) | −0.016 (0.0171) | −0.765*** (0.0068) | −0.781*** (0.0103) |
| 2 | −0.063* (0.0367) | −0.707*** (0.0087) | −0.769*** (0.0281) | −0.012 (0.0103) | −0.707*** (0.0087) | −0.719*** (0.0017) |
| 3 | −0.051** (0.0236) | −0.675*** (0.0097) | −0.726*** (0.0139) | −0.01 (0.0067) | −0.675*** (0.0097) | −0.685*** (0.003) |
| 4 | −0.042*** (0.0133) | −0.65*** (0.0105) | −0.692*** (0.0029) | −0.009** (0.0038) | −0.65*** (0.0105) | −0.659*** (0.0066) |
| 5 | −0.033*** (0.0042) | −0.628*** (0.0111) | −0.662*** (0.0069) | −0.007*** (0.0013) | −0.628*** (0.0111) | −0.636*** (0.0098) |
| 6 | −0.026*** (0.0045) | −0.607*** (0.0119) | −0.633*** (0.0164) | −0.006*** (0.0011) | −0.607*** (0.0119) | −0.613*** (0.013) |
| 7 | −0.018 (0.0133) | −0.587*** (0.0125) | −0.604*** (0.0258) | −0.005 (0.0035) | −0.587*** (0.0125) | −0.591*** (0.016) |
| 8 | −0.009 (0.0233) | −0.562*** (0.0133) | −0.571*** (0.0366) | −0.003 (0.0063) | −0.562*** (0.0133) | −0.565*** (0.0195) |
| 9 | 0.003 (0.0363) | −0.531*** (0.0144) | −0.528*** (0.0507) | −0.001 (0.0099) | −0.531*** (0.0144) | −0.532*** (0.0242) |
| 10 | 0.028 (0.0639) | −0.465*** (0.0166) | −0.437*** (0.0806) | 0.003 (0.0175) | −0.465*** (0.0166) | −0.461*** (0.0341) |
| Average | −0.029*** (0.0001) | −0.618*** (0.0116) | −0.647*** (0.0117) | −0.007*** (0.0001) | −0.618*** (0.0116) | −0.624*** (0.0115) |
Source: own elaboration using data from the ENGHo 2004/2005, INDEC. Note: SEs in parentheses, calculated using bootstrap, with 100 repetitions. Statistical significance ***p<0.01, **p<0.05, *p<0.1.
ENGHo, National Survey of Household Expenditures; INDEC, National Institute of Statistics and Census.