The economics of alcohol abuse and alcohol-control policies

Philip J. Cook*, Michael J. Moore

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

105 Scopus citations

Abstract

Economic research has contributed to the evaluation of alcohol policy through empirical analysis of the effects of alcohol-control measures on alcohol consumption and its consequences. It has also provided an accounting framework for defining and comparing costs and benefits of alcohol consumption and related policy interventions, including excise taxes. The most important finding from the economics literature is that consumers tend to drink less ethanol, and have fewer alcohol-related problems, when alcoholic beverage prices are increased or alcohol availability is restricted. That set of findings is relevant for policy purposes because alcohol abuse imposes large "external" costs on others. Important challenges remain, including developing a better understanding of the effects of drinking on labor-market productivity.

Original languageEnglish (US)
Pages (from-to)120-133
Number of pages14
JournalHealth Affairs
Volume21
Issue number2
DOIs
StatePublished - 2002

ASJC Scopus subject areas

  • Health Policy

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