Rational addiction to alcohol: panel data analysis of liquor consumption
利用美国42个州1959-1994年的面板数据,检验了Becker和Murphy提出的理性成瘾假说,发现证据支持该假说,但结果对州际或时间同质性假设敏感。
Utilizing a panel data set of 42 states over the period 1959-1994, this paper estimates a rational addiction model for liquor consumption for the US. The empirical evidence is consistent with the rational addiction hypothesis proposed by Becker and Murphy. However, the results are sensitive to the assumption of homogeneity across states or over time.