A Simple Demand Supply Model of Alcohol Consumption in India

International Journal of Economics and Management Studies

© 2017 by SSRG - IJEMS Journal

Volume 4 Issue 8

Year of Publication : 2017

Authors : Kanupriya Suthar

10.14445/23939125/IJEMS-V4I8P107

How to Cite?

Kanupriya Suthar, "A Simple Demand Supply Model of Alcohol Consumption in India," SSRG International Journal of Economics and Management Studies, vol. 4,  no. 8, pp. ):38-42, 2017. Crossref, https://doi.org/10.14445/23939125/IJEMS-V4I8P107

Abstract:

Alcohol consumption has seen sharp rise in India in last some time. In addition to the health risks it involves heavy socio-economic costs for the person consuming alcohol as well people around him. In this paper an attempt is made to examine the current pattern of consumption of alcohol, determinants of its demand and supply, price elasticity of demand for alcohol and its policy implications in order to assist the decisions of government from demand and supply perspective.

Keywords:

Alcohol, demand, supply, consumption pattern, illicit production, elasticity, government.

References:

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