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Type: Thesis
Title: Convergence in Alcoholic Beverage Consumption Patterns among OECD Countries
Author: Holmes, Alexander
Issue Date: 2016
School/Discipline: School of Economics
Abstract: Abstract In this thesis, we test Stigler and Becker's identical tastes hypothesis using cross- country alcohol consumption data. Using several new measures of convergence, we rst explore trends in global consumption patterns since 1961. The data suggest that a major convergence has occurred in the alcohol consumption mix across countries, but at a slower pace in traditionally wine- and spirits-consuming countries. We then use the Rotterdam system demand model to test the Stigler and Becker hypothesis and determine whether a common demand equation can be used across the sample of 26 countries. Controlling for differences in income and beverage preferences, we test the hypothesis and the results suggest that the identical tastes hypothesis does not apply to alcoholic beverages.
Dissertation Note: Thesis (B.Ec.(Hons)) -- University of Adelaide, School of Economics, 2017
Keywords: Honours; Economics
alcohol consumption
demand elasticity
identical tastes hypothesis
Rotterdam model
Description: This item is only available electronically.
Provenance: This electronic version is made publicly available by the University of Adelaide in accordance with its open access policy for student theses. Copyright in this thesis remains with the author. This thesis may incorporate third party material which has been used by the author pursuant to Fair Dealing exceptions. If you are the author of this thesis and do not wish it to be made publicly available, or you are the owner of any included third party copyright material you wish to be removed from this electronic version, please complete the take down form located at:
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