Is the Demand for Alcoholic Beverages in Developing Countries Sensitive to Price? Evidence from China
Economic literature in developed countries suggests that demand for alcoholic beverages is sensitive to price, with an estimated price elasticity ranging from −0.38 for beer and −0.7 for liquor. However, few studies have been conducted in developing countries. We employ a large individual-level data...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2011-06-01
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| Series: | International Journal of Environmental Research and Public Health |
| Subjects: | |
| Online Access: | http://www.mdpi.com/1660-4601/8/6/2124/ |