2014
DOI: 10.1016/j.jhealeco.2013.12.006
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Estimation of own and cross price elasticities of alcohol demand in the UK—A pseudo-panel approach using the Living Costs and Food Survey 2001–2009

Abstract: HighlightsA pseudo-panel approach is used to estimate own- and cross-price elasticities of off- and on-trade alcoholic beverages.Estimated own-price elasticities are all negative, with off-trade cider and beer being most elastic and off-trade spirits and on-trade ready-to-drinks least elastic.Estimated cross-price elasticities are smaller in magnitude with a mix of positive and negative signs.The results could be used for appraising the estimated impact of price-based interventions such as minimum unit pricing… Show more

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Cited by 75 publications
(61 citation statements)
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“…Moreover, using larger cohorts decrease the average number of individuals per subgroup, resulting in less precise estimates of the subgroup means (Meng et al, 2014;Florez and Perales, 2016;Guillerm, 2017).…”
Section: Empirical Strategy and Resultsmentioning
confidence: 99%
“…Moreover, using larger cohorts decrease the average number of individuals per subgroup, resulting in less precise estimates of the subgroup means (Meng et al, 2014;Florez and Perales, 2016;Guillerm, 2017).…”
Section: Empirical Strategy and Resultsmentioning
confidence: 99%
“…Embora os resultados de Gallet (2007) apontem para uma elasticidade preço do vinho maior que para a cerveja, alguns autores encontraram resultados opostos. Meng et al (2014), por exemplo, estimaram as elasticidades preços própria e cruzada da demanda por várias bebidas alcóolicas no Reino Unido. As elasticidades preço encontradas foram todas negativas, sendo que a da cerveja foi mais elástica do que a do vinho (-0,98 e -0,38, respectivamente).…”
Section: Panorama Do Setor Vinícolaunclassified
“…As elasticidades preço cruzadas encontradas por Meng et al (2014) foram inferiores em magnitude quando comparadas às elasticidades diretas, apresentando sinais positivos e negativos dependendo do caso. Syrovatka et al (2014) também calcularam as elasticidades preço cruzada do vinho em relação à cerveja, rum e outras bebidas na República Tcheca.…”
Section: Panorama Do Setor Vinícolaunclassified
“…Meng (2014) and Garcia and Raya (2011) to mention a couple of recent ones. This phenomenon also applies to natural resources such as fish products (Vignes and Etienne 2011).…”
Section: Introductionmentioning
confidence: 99%