The demand for UK beer: estimates of the long-run on- and off-trade beer price elasticities
Over the last 30 years, UK beer sales have been falling while the market itself has experienced a dynamic shift from on-trade to off-trade sales. This article provides estimates of the long-run price, cross price and income elasticities, for both on- and off-trade beer consumption. The results shed light on the changing UK beer market, while also having different implications for imposing beer excise duties and the debate on a minimum price per unit for alcohol.
Year of publication: |
2014
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Authors: | Tomlinson, P. R. ; Branston, J. Robert |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 21.2014, 3, p. 209-214
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Publisher: |
Taylor & Francis Journals |
Saved in:
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