THE ECONOMIC DETERMINANTS OF ALCOHOL CONSUMPTION

In this paper is presented an analysis of the consumption patterns of beer, wine and spirits for Australia using data for the period 1955/56-1985/86. The validity of the demand theory hypotheses demand homogeneity and Slutsky symmetry has been tested using recently developed distribution-free procedures. The findings were that (i) beer and wine were necessities and spirits a strong luxury; (ii) beer and spirits are specific complements; and (iii) the homogeneity and symmetry hypotheses are acceptable. Preference for wine consumption seems to be independent of preference for beer and spirits.


Issue Date:
1991-08
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/22766
PURL Identifier:
http://purl.umn.edu/22766
Published in:
Australian Journal of Agricultural Economics, 35, 2
Page range:
209-231
Total Pages:
23




 Record created 2017-04-01, last modified 2018-11-28

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