Table 2 Average price and income elasticities for alcohol beverages
From: Meta-analysis of alcohol price and income elasticities – with corrections for publication bias
Study/sample (no. obs. price, income) | Price elasticity (se) | Income elasticity (se) |
|---|---|---|
Fogarty [1] – unwt. medians | ||
beer (154, 121) | −0.33 | 0.67 |
wine (155, 123) | −0.55 | 1.00 |
spirits (162, 123) | −0.76 | 1.24 |
alcohol | na | na |
Gallet [2] – unwt. means | ||
beer (315, 278) | −0.36 | 0.39 |
wine (300, 240) | −0.70 | 1.10 |
spirits (294, 245) | −0.68 | 1.00 |
alcohol (263, 250) | −0.50 | 0.50 |
Wagenaar et al. [3] – unwt. means | ||
beer (105) | −0.46 | na |
wine (93) | −0.69 | na |
spirits (103) | −0.80 | na |
alcohol (91) | −0.51 | na |
Full samples – unwt. medians | ||
beer (191, 169) | −0.32 | 0.66 |
wine (197, 172) | −0.57 | 1.06 |
spirits (202, 179) | −0.67 | 1.24 |
alcohol (117, 88) | −0.54 | 0.70 |
Trimmed samples – FE means | ||
beer (172, 151) | −0.26 (.01) | 0.49 (.01) |
wine (178, 155) | −0.34 (.01) | 0.64 (.01) |
spirits (182, 160) | −0.49 (.01) | 0.87 (.01) |
alcohol (105, 77) | −0.46 (.01) | 0.48 (.01) |
Trimmed samples – RE means | ||
beer (172, 151) | −0.35 (.02) | 0.58 (.03) |
wine (178, 155) | −0.58 (.03) | 1.12 (.06) |
spirits (182, 160) | −0.64 (.03) | 1.15 (.04) |
alcohol (105, 77) | −0.58 (.03) | 0.66 (.04) |