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Price as a determinant of alcohol consumption
Author(s) -
Maynard Alan
Publication year - 1988
Publication title -
australian drug and alcohol review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.018
H-Index - 74
eISSN - 1465-3362
pISSN - 0819-5331
DOI - 10.1080/09595238880000541
Subject(s) - consumption (sociology) , economics , alcohol consumption , relation (database) , alcohol , price policy , econometrics , econometric model , computer science , social science , biochemistry , chemistry , database , sociology , agriculture , ecology , biology
The formulation and execution of alcohol policy is considered, particularly in relation to the impact of economic variables, such as price, on consumption of alcohol. Trends in consumption levels and their effects are outlined. Available econometric evidence suggests that price has a significant impact on consumption, with other influential variables being income and access, and to a lesser extent, advertising.