Demand price elasticities of cigarettes in Argentina, by age groups: prevalence, consumption and total elasticities
| Age group | Panel A: probit in prevalence | Panel B: linear probability model in prevalence | ||||
| Prevalence | Consumption | Total price elasticity | Prevalence | Consumption | Total price elasticity | |
| (15–24) | −0.065*** (0.0034) | −0.702*** (0.003) | −0.767*** (0.0063) | −0.011** (0.0007) | −0.702*** (0.003) | −0.713*** (0.0037) |
| (25–44) | −0.041*** (0.0007) | −0.643*** (0.0082) | −0.684*** (0.0089) | −0.009** (0.000) | −0.643*** (0.0082) | −0.651*** (0.0083) |
| (45–64) | −0.009** (0.003) | −0.561*** (0.0154) | −0.571*** (0.0124) | −0.005*** (0.0008) | −0.561*** (0.0154) | −0.566*** (0.0146) |
| (+65) | 0.024 (0.0068) | −0.478*** (0.0228) | −0.454*** (0.016) | −0.002*** (0.0017) | −0.478*** (0.0228) | −0.479*** (0.0211) |
| Average | −0.029 (0.0007) | −0.612*** (0.0109) | −0.641*** (0.0103) | −0.007*** (0.0003) | −0.612*** (0.0109) | −0.619*** (0.0107) |
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.