The impact of the alcohol minimum unit pricing policy on the consumption of alcoholic beverages: evidence from Russia
Loading...
Date
2018
Authors
Mukasheva, Anel
Journal Title
Journal ISSN
Volume Title
Publisher
Nazarbayev University School of Sciences and Humanities
Abstract
This paper estimates the effect of minimum retail price policy imposed on vodka and other hard liquor on the consumption of five alcoholic beverages: beer, dry wine, fortified wine, moonshine, and vodka. Using the OLS with community fixed effect, it was found that men increased the consumption of fortified wine by 4.94 percent and it could become an alternative to beverages that became more expensive after the policy implementation. Moreover, the effect of policy differs across age groups and sample restriction. In overall, policy increased the consumption of alcoholic beverages with lower alcohol content but failed to decrease the consumption of vodka, which was its primary goal.
Description
Keywords
price policy, alcohol, Russia
Citation
Mukasheva, Anel (2018) THE IMPACT OF THE ALCOHOL MINIMUM UNIT PRICING POLICY ON THE CONSUMPTION OF ALCOHOLIC BEVERAGES: EVIDENCE FROM RUSSIA. School of Humanities and Social Sciences of Nazarbayev University