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Understanding price elasticities to inform public health research and intervention studies: key issues.
- Source :
-
American journal of public health [Am J Public Health] 2013 Nov; Vol. 103 (11), pp. 1954-61. Date of Electronic Publication: 2013 Sep 12. - Publication Year :
- 2013
-
Abstract
- Pricing policies such as taxes and subsidies are important tools in preventing and controlling a range of threats to public health. This is particularly so in tobacco and alcohol control efforts and efforts to change dietary patterns and physical activity levels as a means of addressing increases in noncommunicable diseases. To understand the potential impact of pricing policies, it is critical to understand the nature of price elasticities for consumer products. For example, price elasticities are key parameters in models of any food tax or subsidy that aims to quantify health impacts and cost-effectiveness. We detail relevant terms and discuss key issues surrounding price elasticities to inform public health research and intervention studies.
Details
- Language :
- English
- ISSN :
- 1541-0048
- Volume :
- 103
- Issue :
- 11
- Database :
- MEDLINE
- Journal :
- American journal of public health
- Publication Type :
- Academic Journal
- Accession number :
- 24028228
- Full Text :
- https://doi.org/10.2105/AJPH.2013.301337