Rational Addiction and Alcohol Consumption: Evidence from the Nordic Countries

Jan Bentzen, Tor Eriksson and V. Smith
Authors registered in the RePEc Author Service: Valdemar Smith and V. Kerry Smith

Working Papers from Aarhus School of Business - Department of Economics

Abstract: The purpose of this paper is to test Becker and Murphy's (1988) rational addiction model on (35 years of) time series data on alcohol consumption in each of the four Nordic countries: Denmark, Finland, Norway and Sweden. The empirical relevance of rational addiction theory is assessed by examining the influence of past and future consumption as well as past, contemporaneous and future prices on current consumption.

Keywords: ALCOHOL; CONSUMPTION (search for similar items in EconPapers)
JEL-codes: D12 I10 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (13)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:aascbu:97-16

Access Statistics for this paper

More papers in Working Papers from Aarhus School of Business - Department of Economics Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().