Rational addiction to alcohol: panel data analysis of liquor consumption

Utilizing a panel data set of 42 states over the period 1959-1994, 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 © 2002 John Wiley & Sons, Ltd.

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Year of publication:	2002
Authors:	Baltagi, Badi H. ; Griffin, James M.
Published in:	Health Economics. - John Wiley & Sons, Ltd., ISSN 1057-9230. - Vol. 11.2002, 6, p. 485-491
Publisher:	John Wiley & Sons, Ltd.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005689841