Rational addiction to alcohol: panel data analysis of liquor consumption

Health Econ. 2002 Sep;11(6):485-91. doi: 10.1002/hec.748.

Abstract

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.

Publication types

  • Research Support, Non-U.S. Gov't

MeSH terms

  • Adult
  • Aged
  • Alcohol Drinking / economics
  • Alcohol Drinking / epidemiology
  • Alcoholism / economics
  • Alcoholism / epidemiology*
  • Alcoholism / psychology*
  • Behavior, Addictive / economics
  • Behavior, Addictive / psychology*
  • Choice Behavior*
  • Fees and Charges
  • Humans
  • Middle Aged
  • Risk-Taking*
  • United States