We study optimal corrective taxation in the alcohol market. Consumption generates negative externalities that are non …-linear in the total amount of alcohol consumed. If tastes for products are heterogeneous and correlated with marginal … framework and empirically for the UK alcohol market. Welfare gains from optimally varying rates are higher the more concentrated …

Alcohol consumption is associated with costs to society due to its impact on crime and health. Tax can lead consumers … to internalise these externalities. We study optimal corrective taxation in the alcohol market. We allow for the fact … that the externality generating commodity (ethanol) is available in many differentiated products, over which consumers …

We evaluate the impact of a price floor for alcohol introduced in Scotland in 2018, using a difference …-in-differences strategy with England as a control group. We show that the policy led to the largest reductions in alcohol units purchased … to the price floor, but avoid the large transfers from public funds to the alcohol industry that arise under the floor. …

In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic … other predictors of alcohol consumption or cross-border effects. A brief discussion of the policy implications of our …

In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic … other predictors of alcohol consumption or cross-border effects. A brief discussion of the policy implications of our …

We show that tax-induced increases in alcohol prices can lead to substantial substitution and avoidance behavior that … limits reductions in alcohol consumption. Causal estimates are derived from a natural experiment in Illinois where spirits … construct representative and consistent measures of alcohol prices and sales from scanner data collected for hundreds of …

We study the regulation of a morally responsible agent in the context of a negative consumption externality and …