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The estimation of price depends on the cash inflows and cash outflows.
In order to assess the effect of a new tax on consumption, especially in the case of heavy drinkers, the estimation of price elasticities is crucial.
From a methodological perspective, further research should be conducted on the estimation of price and income for different household segments within a single QUAIDS by introducing cross-terms into the budget share equation, to estimate possible interaction effects between household types and price or income parameters.
The aim of this paper is to provide complementary evidence on the pattern of demand in low-income countries through the estimation of price elasticities.
Variation in prices, the mark-ups over marginal costs and estimation of price elasticities allows assessment of whether these elasticities are correlated with a country's national income.
The estimation of price elasticities through conventional approaches is generally not possible and therefore, consequently there is little evidence on the price responsiveness either at the patient level or at the level of sales to government purchasers.
Similar(54)
While we have emulated usual practice in the estimations of price elasticity with cross-section data [ 31, 32], time-series data would be more useful.
The paradox between the objectives of raising more revenue for health and lowering the consumption of the products must of course be balanced out; but it is still possible to reach both of these objectives if one takes into account the current estimations of price elasticity.
A number of analytical tools are available for purposes like early market assessment, R&D portfolio management and first estimations of pricing and reimbursement scenarios.
The estimation of potential health effects are influenced by a range of factors in the modelling, including estimates of price elasticity.
A true estimation of that price would be infinity in fact.
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