Table 2.
Own-price and cross-price elasticity coefficients for mean units purchased as price increases and percentage of participants found to substitute at each price increase
| Food Price |
Cigarette Price |
Own-price elasticity |
Cross-price elasticity |
% Substituting |
|---|---|---|---|---|
| $1.00 | $0.25 | - | - | |
| $2.00 | $0.25 | −0.67 | −0.16 | 13% |
| $3.00 | $0.25 | −0.72 | −0.30 | 10% |
| $4.00 | $0.25 | −0.79 | −0.43 | 16% |
| Slope of the best-fitting line | −0.71, p < .01 | −0.25, p = .02 | - | |
| $1.00 | $0.25 | - | - | |
| $1.00 | $0.50 | −0.60 | −0.15 | 10% |
| $1.00 | $0.75 | −0.83 | −0.23 | 19% |
| $1.00 | $1.00 | −0.97 | 0.10 | 31% |
| Slope of the best-fitting line | −0.73, p < .01 | −0.14, p = .05 | - | |