Alcohol consumption, censorship and misjudgement
In the study of the economic determinants of alcohol consumption, there is an under-appreciated issue of sample selectivity as consumption is often not fully observed. Sample selectivity involves ignoring consumption below a censorship cut-off level. This article estimates a demand system for beer,...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Routledge
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/70255 |
| _version_ | 1848762256470310912 |
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| author | Clements, K. Liu, H. Tarverdi, Yashar |
| author_facet | Clements, K. Liu, H. Tarverdi, Yashar |
| author_sort | Clements, K. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In the study of the economic determinants of alcohol consumption, there is an under-appreciated issue of sample selectivity as consumption is often not fully observed. Sample selectivity involves ignoring consumption below a censorship cut-off level. This article estimates a demand system for beer, wine and spirits with and without allowance for selectivity. Then using a simulation approach, it examines the impact of misjudgement in the censorship level on the estimated demand parameters. A mean squared error (MSE) criterion is suggested for determining the appropriate censorship level. |
| first_indexed | 2025-11-14T10:44:41Z |
| format | Journal Article |
| id | curtin-20.500.11937-70255 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:44:41Z |
| publishDate | 2018 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-702552018-10-16T05:08:52Z Alcohol consumption, censorship and misjudgement Clements, K. Liu, H. Tarverdi, Yashar In the study of the economic determinants of alcohol consumption, there is an under-appreciated issue of sample selectivity as consumption is often not fully observed. Sample selectivity involves ignoring consumption below a censorship cut-off level. This article estimates a demand system for beer, wine and spirits with and without allowance for selectivity. Then using a simulation approach, it examines the impact of misjudgement in the censorship level on the estimated demand parameters. A mean squared error (MSE) criterion is suggested for determining the appropriate censorship level. 2018 Journal Article http://hdl.handle.net/20.500.11937/70255 10.1080/00036846.2018.1486025 Routledge restricted |
| spellingShingle | Clements, K. Liu, H. Tarverdi, Yashar Alcohol consumption, censorship and misjudgement |
| title | Alcohol consumption, censorship and misjudgement |
| title_full | Alcohol consumption, censorship and misjudgement |
| title_fullStr | Alcohol consumption, censorship and misjudgement |
| title_full_unstemmed | Alcohol consumption, censorship and misjudgement |
| title_short | Alcohol consumption, censorship and misjudgement |
| title_sort | alcohol consumption, censorship and misjudgement |
| url | http://hdl.handle.net/20.500.11937/70255 |