Are filipino smokers more sensitive to cigarette prices due to the sin tax reform law?: A difference-in-difference analysis
College
Ramon V. Del Rosario College of Business
Department/Unit
Economics
Document Type
Article
Source Title
DLSU Business and Economics Review
Volume
28
Issue
2
First Page
10
Last Page
25
Publication Date
1-1-2019
Abstract
© 2019 by De La Salle University. Employing a two-part estimation model using the Family Income Expenditure Survey before (2009) and after (2015) the tax reform, our study assessed the impact of the Philippine Sin Tax Reform Act (2012) on cigarette consumption and the responsiveness of cigarette consumption to price changes. The results are consistent with existing studies that cigarette consumption is price inelastic. The demand, however, has become less inelastic in the Philippines over the period 2009 to 2015, indicating a more responsive cigarette demand to price increases. Of the total effect of cigarette price increase on demand, the decrease in consumption by smokers (smoking intensity) accounts for much of the decline in cigarette consumption, rather than the decrease in the number of cigarette users (smoking prevalence). The increase in excise tax due to the tax reform has been effective on lowering cigarette consumption in the country and in making cigarette demand more responsive to price increases. Specifically, the tax reform has reduced the number of cigarettes purchased by smokers more than the number of cigarette users.
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Recommended Citation
Austria, M. S., & Pagaduan, J. A. (2019). Are filipino smokers more sensitive to cigarette prices due to the sin tax reform law?: A difference-in-difference analysis. DLSU Business and Economics Review, 28 (2), 10-25. Retrieved from https://animorepository.dlsu.edu.ph/faculty_research/894
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