The Effects of Banning Advertising in Junk Food Markets
研究了禁止垃圾食品广告对饮食质量的影响，以薯片市场为例，发现广告禁令的健康收益会被企业降价和消费者转向其他垃圾食品部分抵消。
There are growing calls to restrict advertising of junk foods. Whether such a move will improve diet quality will depend on how advertising shifts consumer demands and how firms respond. We study an important and typical junk food market—the potato chips market. We exploit consumer level exposure to adverts to estimate demand, allowing advertising to potentially shift the weight consumers place on product healthiness, tilt demand curves, have dynamic effects and spillover effects across brands. We simulate the impact of a ban and show that the potential health benefits are partially offset by firms lowering prices and by consumer switching to other junk foods.