We study optimal corrective taxation in the alcohol market. Consumption generates negative externalities that are non …-linear in the total amount of alcohol consumed. If tastes for products are heterogeneous and correlated with marginal … framework and empirically for the UK alcohol market. Welfare gains from optimally varying rates are higher the more concentrated …

We study the introduction of a price floor for alcohol that is aimed at correcting for negative consumption …

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. …

Alcohol consumption is associated with costs to society due to its impact on crime and health. Tax can lead consumers … to internalise these externalities. We study optimal corrective taxation in the alcohol market. We allow for the fact … products can improve welfare relative to a single tax rate on ethanol. We estimate a model of demand in the UK alcohol market …

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. …

Alcohol consumption is associated with costs to society due to its impact on crime and health. Tax can lead consumers … to internalise these externalities. We study optimal corrective taxation in the alcohol market. We allow for the fact … products can improve welfare relative to a single tax rate on ethanol. We estimate a model of demand in the UK alcohol market …

We study optimal corrective taxation in the alcohol market. Consumption generates negative externalities that are non …-linear in the total amount of alcohol consumed. If tastes for products are heterogeneous and correlated with marginal … framework and empirically for the UK alcohol market. Welfare gains from optimally varying rates are higher the more concentrated …

We study the introduction of a price floor for alcohol that is aimed at correcting for negative consumption …