2020
DOI: 10.35808/ijeba/432
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The Determinants of an Econometric Demand Model for Beverages

Abstract: Purpose:The study attempts to explore the determinants of demand for alcoholic and other beverages to see how a rise in prices of alcohol and other beverages and in household expenditure would influence demand. From the results, we discuss the effectiveness of a prospective excise tax increase on demand for alcoholic and other beverages. Design/Methodology/Approach: We use the Almost Ideal Demand System to analyze the demand for alcoholic and other beverages. A two-stage estimation approach is employed to esti… Show more

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