Answers are grounded in this paper and cite their sources.
A problem in earlier studies of the demand for beer, wine and distilled spirits was determining the effect on one category of alcoholic beverage of price changes in other categories. The present study estimates the demand for all alcoholic beverages, finding a stable relationship over a 40-year period. Policy implications are also discussed.
No takes yet. Share an insight, caveat, or question.
Levy et al. (1983) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: