TABLE 1. Research on price elasticity of demand for cigarettes, including study method, type of data, country, country income group, and price elasticity with confidence intervals (CIs), Latin America and the Caribbean, 2014.
Author (year; reference no.) |
Method |
Data |
Country |
Income group |
Price elasticity |
CIs |
Martinez et al. (2015) (13) |
VECMa |
Sales |
Argentina |
UMICb |
-0.15 |
-0.11 to-0.19 |
Alcaraz (006) (14) |
2SLSc |
Sales |
Bolivia |
LMICb |
-0.85 |
-0.04 to-1.66 |
Iglesias et al. (2007) (15) |
OLSe |
P&T |
Brazil |
UMIC |
-0.27 |
-0.10 to-0.40 |
Debrott Sánchez (2006) (16) |
GARCHf |
Sales |
Chile |
HICg |
-0.22 |
-0.20 to-0.24 |
Maldonado et al. (2016) (21) |
2SLS |
Sales |
Colombia |
UMIC |
-0.79 |
-0.09 to-1.48 |
Ramos-Carbajales et al. (2016) (22) |
VECM |
Sales |
El Salvador |
LMIC |
-0.93 |
-0.74 to-1.12 |
Gutiérrez (2010)h(12) |
OLS |
Tax |
Guatemala |
LMIC |
-0.74 |
-0.61 to-0.81 |
van Walbeek et al. (2005) (17) |
OLS |
P&Ti |
Jamaica |
UMIC |
-0.23 |
0.13 to-0.59 |
Olivera-Chávez et al. (2010) (18) |
OLS |
P&T |
Mexico |
UMIC |
-0.14 |
0.04 to-0.32 |
Herrera Ballesteros (2013) (19) |
OLS |
Imports |
Panama |
UMIC |
-0.63 |
0.02 to-1.28 |
Gonzalez-Rozada & Ramos-Carbajales (2016) (23) |
OLS |
P&T |
Peru |
UMIC |
-0.69 |
-0.06 to-1.32 |
Ramos & Curti (2006) (20) |
2SLS |
Sales |
Uruguay |
HIC |
-0.34 |
-0.15 to-0.53 |
Source:Various authors as cited.
VECM: vector error correction model.
UMIC: upper-middle-income country.
2SLS: two-stage least squares.
2SLS: two-stage least squares.
OLS: ordinary least squares.
GARCH: generalized autoregressive conditional heteroskedasticity.
HIC: high-income country.
Unpublished data cited in (12).
P&T: production and trade.