Title

Elasticities of beer demand revisited

Authors

Authors

C. A. Gallet;J. A. List

Comments

Authors: contact us about adding a copy of your work at STARS@ucf.edu

Abbreviated Journal Title

Econ. Lett.

Keywords

beer demand; gradual switching regression; ALCOHOL; Economics

Abstract

This paper uses U.S. aggregate beer consumption data from 1964-1992 to empirically estimate the elasticities of demand for beer. However, rather than assuming the behavioral parameters are time invariant, we estimate a gradual switching regression model that explicitly allows the elasticities to change over time. Results suggest that this more general model is warranted, as findings illustrate the importance of variable dynamics when evaluating the efficacy of proposed policy alternatives. (C) 1998 Elsevier Science S.A. All rights reserved.

Journal Title

Economics Letters

Volume

61

Issue/Number

1

Publication Date

1-1-1998

Document Type

Article

DOI Link

http://dx.doi.org/10.1016/s0165-1765(98)00146-3

Language

English

First Page

67

Last Page

71

WOS Identifier

WOS:000076868200011

ISSN

0165-1765

Recommended Citation

"Elasticities of beer demand revisited" (1998). Faculty Bibliography 1990s. 2248.
https://stars.library.ucf.edu/facultybib1990/2248