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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15124 |
来源ID | Working Paper 15124 |
Sin Taxes: Do Heterogeneous Responses Undercut Their Value? | |
Padmaja Ayyagari; Partha Deb; Jason Fletcher; William T. Gallo; Jody L. Sindelar | |
发表日期 | 2009-07-09 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper estimates the price elasticity of demand for alcohol using Health and Retirement Survey data. To account for unobserved heterogeneity in price responsiveness, we use finite mixture models. We recover two latent groups, one is significantly responsive to price but the other is unresponsive. Differences between these two groups can be explained in part by the behavioral factors of risk aversion, financial planning horizon, forward looking and locus of control. These results have policy implications. Only a subgroup responds significantly to price. Importantly, the unresponsive group drinks more heavily, suggesting that a higher price could fail to curb drinking by those most likely to cause negative externalities. In contrast, those least likely to impose costs on others are more responsive, thus suffering greater deadweight loss yet with less prevention of negative externalities. |
主题 | Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w15124 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572799 |
推荐引用方式 GB/T 7714 | Padmaja Ayyagari,Partha Deb,Jason Fletcher,et al. Sin Taxes: Do Heterogeneous Responses Undercut Their Value?. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15124.pdf(228KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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