Do beer and wine respond to price and tax changes in Vietnam? Evidence from the Vietnam household living standards survey
Tác giả:
Grieve Chelwa; Pham Ngoc Toan; Nguyen Thi Thu Hien; Le Thi Thu; Pham Thi Hoang Anh; Hana Ross
Loại tài liệu:
Bài trích tạp chí
Năm xuất bản:
2019
Lĩnh vực nghiên cứu:
Các lĩnh vực khác
Nguồn trích:
Tạp chí
Tóm tắt: Objective To provide the first ever published estimates
of the price and expenditure elasticities of demand for
beer and wine in Vietnam and thereby contribute to policy
initiatives aimed at reducing the excessive consumption
of alcohol.
strengths and limitations of this study
► This paper provides the first ever published esti
mates of the price and expenditure elasticities of
demand for beer and wine in Vietnam.
► Often, these estimates are provided for broad alco
hol categories but we provide separate estimates for
beer and wine.
► The paper uses the method pioneered by Angus
Deaton that exploits spatial variation of beer and
wine prices in Vietnam.
► A limitation is that we do not provide elasticity es
timates for spirits, another important alcohol type
consumed in Vietnam.
Methods We use a linear approximation of Almost Ideal
Demand System and data from the Vietnam Household
Living Standards Survey for 2010, 2012 and 2014.
results We find that the demand for beer and wine in
Vietnam is price and expenditure inelastic with average
price elasticities of −0.283 and −0.317 and average
expenditure elasticities of 0.401 and 0.156, respectively.
That is, we find that beer and wine consumption decline
whenever their respective prices increase and their
consumption increases whenever expenditure rises.
Conclusions The results of the study lend confidence to
calls for increased taxation of alcoholic products on public
health grounds in Vietnam
Từ khóa:
Beer Wine respond Price Tax