Table 1.

Estimated uncompensated price and expenditure elasticity of alcoholic beverages

Type of alcoholic products	Estimated expenditure elasticity	Estimated price elasticity
		beer	wine	whisky	brandy
beer	0.855** (21.987)	−0.820** (−19.327)	0.014 (1.662)	−0.044** (−3.904)	−0.002 (−0.153)
wine	2.207** (7.057)	−0.595 (−1.422)	−0.955** (−4.414)	−0.089 (−0.681)	−0.560** (−3.775)
whisky	1.051** (6.331)	−0.609** (−3.448)	0.0005 (0.014)	−0.587** (−5.854)	0.147* (1.950)
brandy	1.978** (7.034)	−0.931** (−3.194)	−0.142** (−3.619)	0.061 (0.823)	−0.958** (−7.258)

Note: 1. t values in brackets.

2 ** and * indicate 5% and 10% significance level for a two-tailed test.