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Women and the Demand for Alcohol: Estimating Participation and Consumption
Author(s) -
BLAYLOCK J. R.,
BLISARD W. N.
Publication year - 1993
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1993.tb00751.x
Subject(s) - tobit model , consumption (sociology) , economics , microeconomics , econometrics , consumer demand , consumer expenditure , alcohol consumption , public economics , alcohol , biochemistry , chemistry , aggregate expenditure , social science , sociology
Demand models which are alternatives to the widely used Tobit model are specified and estimated. These alternative models allow the consumer to choose whether or not to participate in a particular market, and if so, to choose the level of consumption. This approach is contrasted to the Tobit model which assumes all consumers are potential users of a good and that consumption levels and market participation are influenced by the same variables in the same way.