Chung, Chul; Chung, Min-Chirl; Kim, Bonggeun - 2021
or commodity taxes into quantitative and qualitative margins, which cause exogenous price changes for some specific goods … of unit values as a proxy variable for market prices, showed that qualitative response to price changes exists and its … were qualitative responses. As a key result, the price elasticity of -1.178 estimated by the usual demand model based on a …