Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam

Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam

This paper is part of additional efforts supported by the World Bank Global Tobacco Control Program to inform the Government of Vietnam on options for tobacco taxation by providing estimates of the impact of cigarette price increase across five inc...

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Main Author: World Bank Group
Format: Brief
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
CIGARETTE PRICES
TOBACCO TAX
SMOKING
PRICE ELASTICITY OF DEMAND
TOBACCO CONTROL
SIN TAX
Online Access:http://documents.worldbank.org/curated/en/792541560798912956/Impact-of-Cigarette-Price-Increase-on-Health-and-Financing-Outcomes-in-Vietnam
http://hdl.handle.net/10986/31948
id okr-10986-31948
recordtype oai_dc
spelling okr-10986-319482021-05-25T09:45:44Z Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam World Bank Group CIGARETTE PRICES TOBACCO TAX SMOKING PRICE ELASTICITY OF DEMAND TOBACCO CONTROL SIN TAX This paper is part of additional efforts supported by the World Bank Global Tobacco Control Program to inform the Government of Vietnam on options for tobacco taxation by providing estimates of the impact of cigarette price increase across five income groups for the period 2020-2022 under two scenarios. Vietnam is an important country for global tobacco control, and currently has about 15 million males who smoke. To support government efforts to strengthen tobacco controlpolicies, most notably through a substantial increase in the excise tax of tobacco, weconducted an extended cost-effectiveness analysis to examine the distributional impactof a 32 percent and a 62 percent increase in cigarette prices under Scenario A and Scenario B,respectively. In conclusion, we found that higher cigarette prices would particularly benefit the poorest income quintile of the population, in terms of deaths averted, life-years saved, out of pocket expenditures for treating tobacco-attributable diseases, catastrophic health expenditures, and extreme poverty averted. The additional tax burden is, however, borne mostly by the top income group in the 62 percent price increase scenario. Thus, tobacco taxes are an effective way to improve health and reduce poverty in Vietnam. 2019-06-25T17:02:17Z 2019-06-25T17:02:17Z 2019-06-14 Brief http://documents.worldbank.org/curated/en/792541560798912956/Impact-of-Cigarette-Price-Increase-on-Health-and-Financing-Outcomes-in-Vietnam http://hdl.handle.net/10986/31948 English WBG Global Tobacco Control Program; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Health Study East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CIGARETTE PRICES
TOBACCO TAX
SMOKING
PRICE ELASTICITY OF DEMAND
TOBACCO CONTROL
SIN TAX
spellingShingle CIGARETTE PRICES
TOBACCO TAX
SMOKING
PRICE ELASTICITY OF DEMAND
TOBACCO CONTROL
SIN TAX
World Bank Group
Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
geographic_facet East Asia and Pacific
Vietnam
relation WBG Global Tobacco Control Program;
description This paper is part of additional efforts supported by the World Bank Global Tobacco Control Program to inform the Government of Vietnam on options for tobacco taxation by providing estimates of the impact of cigarette price increase across five income groups for the period 2020-2022 under two scenarios. Vietnam is an important country for global tobacco control, and currently has about 15 million males who smoke. To support government efforts to strengthen tobacco controlpolicies, most notably through a substantial increase in the excise tax of tobacco, weconducted an extended cost-effectiveness analysis to examine the distributional impactof a 32 percent and a 62 percent increase in cigarette prices under Scenario A and Scenario B,respectively. In conclusion, we found that higher cigarette prices would particularly benefit the poorest income quintile of the population, in terms of deaths averted, life-years saved, out of pocket expenditures for treating tobacco-attributable diseases, catastrophic health expenditures, and extreme poverty averted. The additional tax burden is, however, borne mostly by the top income group in the 62 percent price increase scenario. Thus, tobacco taxes are an effective way to improve health and reduce poverty in Vietnam.
format Brief
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
title_short Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
title_full Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
title_fullStr Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
title_full_unstemmed Impact of Cigarette Price Increase on Health and Financing Outcomes in Vietnam
title_sort impact of cigarette price increase on health and financing outcomes in vietnam
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/792541560798912956/Impact-of-Cigarette-Price-Increase-on-Health-and-Financing-Outcomes-in-Vietnam
http://hdl.handle.net/10986/31948
_version_ 1764475423590187008

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