๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Rational addiction to alcohol: panel data analysis of liquor consumption

โœ Scribed by Badi H. Baltagi; James M. Griffin


Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
110 KB
Volume
11
Category
Article
ISSN
1057-9230

No coin nor oath required. For personal study only.

โœฆ Synopsis


Abstract

Utilizing a panel data set of 42 states over the period 1959โ€“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 ยฉ 2002 John Wiley & Sons, Ltd.


๐Ÿ“œ SIMILAR VOLUMES