Understanding price elasticities to inform public health research and intervention studies: Key issues

N. Nghiem, N. Wilson, Murat Genc and T. Blakely

American Journal of Public Health, 2013, vol. 103, issue 11, 1954-1961

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 informpublic healthresearch and intervention studies. Copyright © 2013 by the American Public Health Association®.

Keywords: article; commercial phenomena; economics; health promotion; human; medical research; methodology; public health; statistical model; commercial phenomena; health promotion; medical research; procedures, Biomedical Research; Commerce; Economics; Health Promotion; Humans; Models, Econometric; Public Health, Biomedical Research; Commerce; Economics; Health Promotion; Humans; Models, Econometric; Public Health (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:aph:ajpbhl:10.2105/ajph.2013.301337_5

DOI: 10.2105/AJPH.2013.301337

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