More documents from la Cour, Lisbeth; Milhoj, Anders
More documents from Applied Economics

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

The Sale of Alcohol in Denmark - Recent Developments and Dependencies on Prices/Taxes.

[journal article]

la Cour, Lisbeth; Milhoj, Anders

fulltextDownloadDownload full text

(1047 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract How do prices affect the choice of types of alcohol in Denmark? We study the Danish sale of alcoholic beverages in a time series framework. First, we look at annual data from 1980 investigating the hypothesis of a fairly stable level of sales. We conclude stationarity of sales and we also find that the income elasticity of total sales has been zero. Secondly, we analyse the composition of the alcohol sale between beer, wine and spirits in a multivariate model conditional on the development in prices. For this analysis we use Johansen cointegration techniques. Again we test that income can be omitted from the model and we use the model to derive the effects on the composition of alcohol sales of three different sets of changes in the alcohol taxation.
Document language English
Publication Year 2009
Page/Pages p. 1089-1103
Journal Applied Economics, 41 (2009) 9
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)