ID | 078027 |
Title Proper | Are Chinese smokers sensitive to price? |
Language | ENG |
Author | Bishop, John A ; Liu, Haiyong ; Meng, Qi |
Publication | 2007. |
Summary / Abstract (Note) | We estimate cigarette price and income elasticities for urban China, 1995. We find an overall cigarette price elasticity of 0.5, which lies between previous estimates. This implies that a 10% increase in price would result in a decline in cigarette consumption of 4.5 billion packs and would raise Y34 billion in additional tax revenue. |
`In' analytical Note | China Economic Review Vol. 18, No.2; 2007: 113-121 |
Journal Source | China Economic Review Vol. 18, No.2; 2007: 113-121 |
Key Words | Smoking ; Price ; Elasticity ; China |