Individual Heterogeneity in Alcohol Consumption: The Case of Beer, Wine and Spirits in Australia
This paper examines the effects of socioeconomic and demographic factors on Australian individuals' participation in beer, wine and spirits consumption using unit-record data during 1991-2001. A trivariate probit formulation allows for participation in the three alcoholic beverages to be modelled jointly accounting for correlation via unobserved personal characteristics. Own and cross price elasticities are estimated for both unconditional and conditional participation probabilities. While the three beverages are commonly considered closely related economic goods, we find that they relate to rather heterogenous population groups and the correlations via the unobservable characteristics are low in magnitude. Copyright © 2008 The Economic Society of Australia.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 84 (2008)
Issue (Month): 265 (06)
|Contact details of provider:|| Postal: Central Council Administration, L.P.O. Box 2161, Hawthorn VIC 3122|
Phone: 61 3 9497 4140
Fax: 61 3 9497 4140
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0013-0249
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0013-0249|