Nelson, Jon P. - In: Health economics review 3 (2013) 17, pp. 1-10
of price and income elasticities for alcohol beverages. The analysis improves on previous meta-analyses by correcting for ….00. For total alcohol, the price elasticity is -0.50 and the income elasticity is 0.60. Conclusions: These new results imply … that attempts to reduce alcohol consumption through price or tax increases will be less effective or more costly than …
