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The results of the econometric estimate of elasticity of demand are more elastic compared with the results of similar surveys carried out on the sample of LMICs where the price elasticity of demand for tobacco products ranges from 0.2 to 0.8.4 17 It demonstrates that the demand for cigarettes is highly responsive to its prices and that increase in cigarette prices could reduce demand for cigarettes in B&H.18 Taking into account that the main driver of cigarette price increase in B&H is increase in excise, high degree of responsiveness of cigarette demand to price increase suggests that the increase in excise is efficient tobacco control policy
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