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Rational addiction to alcohol: panel data analysis of liquor consumption Author info | Abstract | Publisher info | Download info | Related research | Statistics Badi H. Baltagi (Department of Economics, Texas A&M University, USA)
James M. Griffin (Department of Economics, Texas A&M University, USA)
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Utilizing a panel data set of 42 states over the period 1959-1994, this paper estimates a rational addiction model for liquor consumption for the US. The empirical evidence is consistent with the rational addiction hypothesis proposed by Becker and Murphy. However, the results are sensitive to the assumption of homogeneity across states or over time. Copyright © 2002 John Wiley & Sons, Ltd.
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Article provided by John Wiley & Sons, Ltd. in its journal Health Economics .
Volume (Year): 11 (2002)
Issue (Month): 6 ()
Pages: 485-491
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Handle: RePEc:wly:hlthec:v:11:y:2002:i:6:p:485-491Contact details of provider: Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/5749
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Brian S. Ferguson, 2000.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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