New insights into the structure of consumer preferences for natural and artificial sweeteners
基于美国微观数据,用广义精确仿射Stone指数需求系统分析天然和人工甜味剂的需求结构,发现消费者同时选择两类甜味剂且多数存在预承诺消费,并评估了甜味剂税对能量摄入和福利的影响。
Abstract This study utilizes the Generalized Exact Affine Stone Index demand system to investigate the structure of demand for natural and artificial sweeteners in the United States based on uniquely disaggregate data. Our empirical framework allows for arbitrarily complex Engel curves, unobserved consumer heterogeneity and potential precommitments in sweetener consumption, while addressing price endogeneity. Results from a series of weak separability tests reveal that consumers select from among both sets of natural and artificial sweeteners. In addition, most sweeteners are empirically established to be consumed in precommitted quantities, with the shares thereof varying from 6.3% for molasses to 34.4% for granulated sugar. Based on the unconditional elasticities obtained via a two‐stage budgeting framework, we further examine the implications of hypothetical sweetener tax scenarios for consumer energy intake and bodyweight, as well as assess the consumer welfare consequences thereof.