The demand for alcohol: The differential response to price
Abstract
Although several studies indicate that drinking is responsive to price, little work has focused on whether prices have a differential effect on light, moderate, or heavy drinking. This study examines the price responsiveness of the demand for alcohol: whether heavy drinkers are less sensitive to price than light or moderate drinkers. The study uses data on alcohol consumption on the 1983 National Health Interview Survey. The results indicate...
Paper Details
Title
The demand for alcohol: The differential response to price
Published Date
Jun 1, 1995
Journal
Volume
14
Issue
2
Pages
123 - 148
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