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Economic determinants of the consumption of alcoholic beverages in Sweden: A panel data analysis
University West, School of Business, Economics and IT.
University West, School of Business, Economics and IT.
2023 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The aim of this paper is to investigate how economic determinants affect the consumption of different alcoholic beverages in all 21 counties of Sweden. Our goal is to help policymakers understand whether certain economic determinants are statistically significant in explaining the alcohol consumption patterns of different beverages in our nation. We will specifically be using panel data analysis and regression to analyze the relationship between the economic determinants (unemployment, education and income) and the consumption of different types of alcoholic beverages (beer, wine and spirits) in Swedish counties between 2006-2021. The results show that individuals with an education of three years or longer tend to consume less spirits and more wine, that a higher income tends to lead to an increase in spirits consumption and that an increase in unemployment tends to lead to a decrease in beer consumption.

Place, publisher, year, edition, pages
2023. , p. 35
Keywords [en]
Alcoholic beverages · Demand · Panel data · Consumption
National Category
Economics
Identifiers
URN: urn:nbn:se:hv:diva-20504Local ID: EXC513OAI: oai:DiVA.org:hv-20504DiVA, id: diva2:1782136
Subject / course
Nationalekonomi
Educational program
Mäklarekonomprogrammet, fastighet och finans
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Examiners
Available from: 2023-07-19 Created: 2023-07-12 Last updated: 2023-07-19Bibliographically approved

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