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. 2019 Dec 1;9(6):250–256. doi: 10.15171/ijhpm.2019.114

Table 3. Results of the Deterministic Sensitivity Analysis With the Predicted Annual Increase in Tax Revenue, Social Cost Savings and the Net Monetary Benefit at Suggested 30% And 90% Cut Off Values for Tobacco Tax Increase in Response to the Variability of Price Elasticity of Demand and Substitution Factor .

Input Predicted Gain in Tax Revenue (LKR Mn) Predicted Social Savings
(LKR Mn)
Predicted Net Monetary Benefit
(LKR Mn)
30% Tax Increase 90% Tax Increase 30% Tax Increase 90% Tax Increase 30% Tax Increase 90% Tax Increase
Base case analysis
Price elasticity -0.74, substitution factor 1%
3544 -24 272 28 069 86 854 31 613 62 582
Price elasticity of demand of cigarettes of -0.53 12 850 16 532 19 728 61 831 32 578 78 362
Price elasticity of demand of cigarettes of -0.65 7532 -6785 24 494 76 130 32 026 69 345
Substitution factor of 2% 7975 -4842 26 745 85 530 34 720 80 688