EconPapers    
Economics at your fingertips  
 

The Own-Price Elasticity of Alcohol: A Meta-Analysis

James Fogarty
Additional contact information
James Fogarty: UWA Business School, The University of Western Australia

No 04-01, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics

Abstract: Interpreting the own-price elasticity of demand for alcohol literature is difficult. While numerous studies have been conducted, the point estimates reported vary dramatically. Some studies suggest the demand for alcohol is price inelastic, others suggest it is price elastic. This paper presents an empirical synthesis of own-price elasticity of demand for alcohol estimates using the technique of meta-regression analysis. 150 point estimates, drawn from studies covering 18 different countries are considered. The results of the empirical work reported in this paper suggest: the year of the study, the length of study, the per capita level of alcohol consumption, and the relative ethanol share of a beverage are important factors when explaining variations in estimates of the own-price elasticity of demand for alcohol. Interestingly, the study also suggests country specific and beverage specific effects are not statistically significant.

Pages: 39 pages
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://ecompapers.biz.uwa.edu.au/paper/PDF%20of%2 ... 04/04_01_Fogarty.pdf (application/pdf)

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:uwa:wpaper:04-01

Access Statistics for this paper

More papers in Economics Discussion / Working Papers from The University of Western Australia, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sam Tang ().

 
Page updated 2021-10-22
Handle: RePEc:uwa:wpaper:04-01