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. 2019 Dec 6;5:48. doi: 10.18332/tpc/114084

Table 3.

Conditional price elasticity of tobacco demand, Nigeria

Statistic Full Rural Urban
-0.6247*** -0.6331*** -0.4895***
ÊP [0.0028] [0.0035] [0.0247]
(-0.6301, -0.6192) (-0.6401, -0.6262) (-0.5387, -0.4403)
Number of households 505 418 87

The table gives price elasticity of tobacco demand (the effect of change in unit value/price on the quantity of tobacco demanded) with corresponding standard error in square brackets and 95% confidence interval in parenthesis. These statistics are generated from bootstrap samples. Statistical significance:

***

1% level.