Determinants of Household Expenditures on Alcohol

Date
1996
Authors
Yen, Steven
Jensen, Helen
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Altmetrics
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Research Projects
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Economics
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Abstract

This paper examines the determinants of household alcohol expenditures by using a nonnormal and heteroscedastic double-hurdle model to accommodate zero observations in the sample. The model is a generalization of the double-hurdle model estimated in previous studies of alcohol consumption. We also examine the effects of explanatory variables by calculating and decomposing the elasticities. Findings support the use of a more generalized error distribution. Income, region, education, and household demographics are among the significant determinants of alcohol expenditures.

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This is a working paper of an article from The Journal of Consumer Affairs 30 (1996): 48, doi: 10.1111/j.1745-6606.1996.tb00725.x.

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