Work

Determinants of Household Expenditures on Alcohol

Year: 1996

Type: article

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.

Source: Journal of Consumer Affairs

DOI: 10.1111/j.1745-6606.1996.tb00725.x

Authors: STEVEN T. YEN, HELEN H. JENSEN

Institutions: University of Illinois Urbana-Champaign, Iowa State University

Language: English

Topic: Economics of Agriculture and Food Markets

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2097575583

FWCI: 2.077

Cites: 25

Cited by: 83

Related to: 10