THE ECONOMIC DETERMINANTS OF ALCOHOL CONSUMPTION

Kenneth Clements and Saroja Selvanathan

Australian Journal of Agricultural Economics, 1991, vol. 35, issue 2, 23

Abstract: In this paper is presented an analysis of the consumption patterns of beer, wine and spirits for Australia using data for the period 1955/56-1985/86. The validity of the demand theory hypotheses demand homogeneity and Slutsky symmetry has been tested using recently developed distribution-free procedures. The findings were that (i) beer and wine were necessities and spirits a strong luxury; (ii) beer and spirits are specific complements; and (iii) the homogeneity and symmetry hypotheses are acceptable. Preference for wine consumption seems to be independent of preference for beer and spirits.

Keywords: Food; Consumption/Nutrition/Food; Safety (search for similar items in EconPapers)
Date: 1991
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Citations: View citations in EconPapers (27)

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Related works:
Journal Article: THE ECONOMIC DETERMINANTS OF ALCOHOL CONSUMPTION (1991)
Working Paper: The Economic Determinants of Alcohol Consumption (1991)
Working Paper: The Economic Determinants of Alcohol Consumption (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22766

DOI: 10.22004/ag.econ.22766

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