Goncalves, Judite; Merenda, Roxanne; Santos, João … - 2023
Portugal introduced a sugar-sweetened beverages (SSB) tax in 2017. This study uses unique administrative accounting … comparison group, to assess the causal impacts of the tax on multiple firm-level outcomes. We find a 6.8% average decrease in … domestic SSB sales, vis-à-vis bottled water. The soda tax hindered SSB firms' financial health, namely net income, ability to …