Enhancing a model of global beverage markets
Glyn Wittwer and
Kym Anderson
No 2022-04, Wine Economics Research Centre Working Papers from University of Adelaide, Wine Economics Research Centre
Abstract:
This paper outlines four enhancements to a global model of national markets for wine, beer and spirits to improve its usefulness in policy analysis: each still wine type is split into red and white; the model distinguishes on-premise from off-premise consumption; California (responsible for nearly 90% of US wine production) is distinguished from the rest of the United States; and top-down modules are added to capture sub-national grape and wine impacts in Australia and sub-state impacts in California. The paper provides several illustrations of the usefulness of these enhancements for estimating impacts of market and public policy shocks and options.
Keywords: Global beverage modelling; impacts of excise and import taxes; on-premise consumption; beverage alcohol levels (search for similar items in EconPapers)
JEL-codes: C68 F17 H21 Q17 Q18 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2022-06
New Economics Papers: this item is included in nep-agr, nep-dem and nep-int
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https://media.adelaide.edu.au/economics/papers/winedoc/winewp2022-04.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:adl:winewp:2022-04
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