Mathieu Bolh, Nathalie
Hand-to-mouth consumption and calorie consciousness consequences for junk-food taxation / Nathalie Mathieu-Bolh .-- , 2021
Disponible también en formato electrónico.
Resumen.
Bibliografía.
Junk-food taxes have mixed effects on obesity and junk-food consumption. We build a theoretical model to explain empirical results and better understand how to address the obesity crisis. In our framework, hand-tomouth consumers make an intertemporal choice between junk-food consumption and weight loss. Their choice depends on calorie consciousness, which is influenced by perceived after-tax relative prices and educational attainment. Thus, a junk-food tax modifies consumers’ intertemporal choice both through their budget constraint and calorie consciousness. As a result, the effect of the tax on body weight reflects competing income, intertemporal substitution, and calorie-consciousness effects. The model explains empirical observations such as the recent rise in obesity and differences in weight outcomes for different income levels. The model explains circumstances under which junk-food taxes can be effective or
ineffective to reduce body weight as well as differences in elasticities of highcalorie food consumption for high- and low-income earners.
OBESIDAD
ALIMENTOS
CONSUMO
IMPUESTOS
MODELOS ECONOMETRICOS
Public Finance Review 0048-5853v. 49, n. 2, March 2021, p. 167-220
Hand-to-mouth consumption and calorie consciousness consequences for junk-food taxation / Nathalie Mathieu-Bolh .-- , 2021
Disponible también en formato electrónico.
Resumen.
Bibliografía.
Junk-food taxes have mixed effects on obesity and junk-food consumption. We build a theoretical model to explain empirical results and better understand how to address the obesity crisis. In our framework, hand-tomouth consumers make an intertemporal choice between junk-food consumption and weight loss. Their choice depends on calorie consciousness, which is influenced by perceived after-tax relative prices and educational attainment. Thus, a junk-food tax modifies consumers’ intertemporal choice both through their budget constraint and calorie consciousness. As a result, the effect of the tax on body weight reflects competing income, intertemporal substitution, and calorie-consciousness effects. The model explains empirical observations such as the recent rise in obesity and differences in weight outcomes for different income levels. The model explains circumstances under which junk-food taxes can be effective or
ineffective to reduce body weight as well as differences in elasticities of highcalorie food consumption for high- and low-income earners.
OBESIDAD
ALIMENTOS
CONSUMO
IMPUESTOS
MODELOS ECONOMETRICOS
Public Finance Review 0048-5853v. 49, n. 2, March 2021, p. 167-220