Schmacker, Renke
Sin taxes and self-control / by Renke Schmacker and Sinne Smed
Resumen.
Bibliografía.
According to theory, "sin taxes" are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers' self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers with low self-control reduce purchases less strongly than consumers with high self-control. When taxes decrease, both groups increase their purchases similarly. The results show an asymmetry in price elasticities by self-control that is more pronounced when taxes increase.
IMPUESTOS ESPECIALES
CONSUMO
OBESIDAD
BEBIDAS ALCOHOLICAS
AZÚCAR
POLITICA FISCAL
ELASTICIDAD IMPOSITIVA
Smed, Sinne
American Economic Journal : Economic Policy 1945-7731 v. 15, n. 3, August 2023, p. 1-34
Sin taxes and self-control / by Renke Schmacker and Sinne Smed
Resumen.
Bibliografía.
According to theory, "sin taxes" are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers' self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers with low self-control reduce purchases less strongly than consumers with high self-control. When taxes decrease, both groups increase their purchases similarly. The results show an asymmetry in price elasticities by self-control that is more pronounced when taxes increase.
IMPUESTOS ESPECIALES
CONSUMO
OBESIDAD
BEBIDAS ALCOHOLICAS
AZÚCAR
POLITICA FISCAL
ELASTICIDAD IMPOSITIVA
Smed, Sinne
American Economic Journal : Economic Policy 1945-7731 v. 15, n. 3, August 2023, p. 1-34