Business Cycles and Alcohol Consumption: Evidence from a Nonlinear Panel ARDL Approach

This study revisits the relationship between economic variables and alcohol consumption from a macro perspective. Focusing explicitly on the asymmetries of the responsiveness of alcohol consumption during the expansion and contraction phases of the business cycle, asymmetric panel estimators are emp...

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Veröffentlicht in:	Journal of wine economics 2021-11, Vol.16 (4), p.429-438
Hauptverfasser:	Sadik-Zada, Elkhan Richard, Niklas, Britta
Format:	Artikel
Sprache:	eng
Schlagworte:	Alcohol use Alcoholic beverages Autoregressive models Beer Beverages Business cycles Economic conditions Labor market Macroeconomics Recessions Reduction Time series Unemployment Wines
Online-Zugang:	Volltext
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