Determinants of Household Expenditures on Alcohol
使用非正态异方差双障碍模型分析家庭酒精支出的决定因素,发现收入、地区、教育和家庭人口特征显著影响支出,并分解了弹性效应。
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.