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We study the introduction of a price floor for alcohol that is aimed at correcting for negative consumption …
Persistent link: https://www.econbiz.de/10012427106
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. …
Persistent link: https://www.econbiz.de/10012665509
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 …
Persistent link: https://www.econbiz.de/10013201632
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 …
Persistent link: https://www.econbiz.de/10013191644
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 …
Persistent link: https://www.econbiz.de/10012210351
Persistent link: https://www.econbiz.de/10012373204
students do not consider an externality in the working environment of acquiring education for investment purposes. We show when …
Persistent link: https://www.econbiz.de/10011730988
In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the water among the agents is efficient when it...
Persistent link: https://www.econbiz.de/10011381991
magnitudes. I estimate social and externality benefits of influenza vaccination in two settings. First, using a natural … examine a setting with large potential externality benefits: vaccination mandates for health care workers. I find that the … social benefits of vaccination are substantial, most of benefits operate through an externality, and that the benefits of …
Persistent link: https://www.econbiz.de/10012060585
Energy system and power market models refrain from distinguishing between private and social discount rates. We devise a strategy to account for diverging private and social discount rates in intertemporal optimization frameworks, resulting in an optimal carbon tax above the marginal damage when...
Persistent link: https://www.econbiz.de/10013329795