Determinants of Household Expenditures on Alcohol
Steven T. Yen, Helen H. Jensen
December 1995 [95-WP 144]
Income, region, education, and household demographics are among the significant determinants of alcohol expenditures according to this study. The authors examine the determinants of household alcohol expenditures by using a nonnormal and heteroskedastic double-hurdle model to accommodate zero observations in the sample.
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