CitationLance, Peter M.; Akin, John S.; Dow, William H.; & Loh, Chung-Ping A. (2004). Is Cigarette Smoking in Poorer Nations Highly Sensitive to Price? Evidence from Russia and China. Journal of Health Economics, 23(1), 173-189.
AbstractWe examine cigarette demand in China and Russia using longitudinal micro-level household and community surveys. Previous developing-country price elasticity estimates of around -0.75 have been larger than United States estimates of about -0.4, but the former have relied primarily on aggregate data. In contrast, our micro-level price elasticity estimates in China and Russia range from 0 to -0.15. Thus, raising prices in poorer countries may not reduce smoking to the degree previously suggested.
Reference TypeJournal Article
Journal TitleJournal of Health Economics
Author(s)Lance, Peter M.
Akin, John S.
Dow, William H.
Loh, Chung-Ping A.