Sin taxes and self-control

Department of Food and Resource Economics (IFRO)

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Sin taxes and self-control. / Schmacker, Renke; Smed, Sinne.

In: American Economic Journal: Economic Policy, Vol. 15, No. 3, 2023, p. 1-34.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Schmacker, R & Smed, S 2023, 'Sin taxes and self-control', American Economic Journal: Economic Policy, vol. 15, no. 3, pp. 1-34. https://doi.org/10.1257/pol.20200479

APA

Schmacker, R., & Smed, S. (2023). Sin taxes and self-control. American Economic Journal: Economic Policy, 15(3), 1-34. https://doi.org/10.1257/pol.20200479

Vancouver

Schmacker R, Smed S. Sin taxes and self-control. American Economic Journal: Economic Policy. 2023;15(3):1-34. https://doi.org/10.1257/pol.20200479

Author

Schmacker, Renke ; Smed, Sinne. / Sin taxes and self-control. In: American Economic Journal: Economic Policy. 2023 ; Vol. 15, No. 3. pp. 1-34.

Bibtex

@article{e51c8c06dbc340f8badae2c8945dedc3,

title = "Sin taxes and self-control",

abstract = "According to theory, “sin taxes” are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers{\textquoteright} self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers with low self-control reduce purchases less strongly than consumers with high self-control. When taxes decrease, both groups increase their purchases similarly. The results show an asymmetry in price elasticities by self-control that is more pronounced when taxes increase.",

author = "Renke Schmacker and Sinne Smed",

year = "2023",

doi = "10.1257/pol.20200479",

language = "English",

volume = "15",

pages = "1--34",

journal = "American Economic Journal: Economic Policy",

issn = "1945-7731",

publisher = "American Economic Association",

number = "3",

}

RIS

TY - JOUR

T1 - Sin taxes and self-control

AU - Schmacker, Renke

AU - Smed, Sinne

PY - 2023

Y1 - 2023

N2 - According to theory, “sin taxes” are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers’ self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers with low self-control reduce purchases less strongly than consumers with high self-control. When taxes decrease, both groups increase their purchases similarly. The results show an asymmetry in price elasticities by self-control that is more pronounced when taxes increase.

AB - According to theory, “sin taxes” are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers’ self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers with low self-control reduce purchases less strongly than consumers with high self-control. When taxes decrease, both groups increase their purchases similarly. The results show an asymmetry in price elasticities by self-control that is more pronounced when taxes increase.

U2 - 10.1257/pol.20200479

DO - 10.1257/pol.20200479

M3 - Journal article

AN - SCOPUS:85169062424

VL - 15

SP - 1

EP - 34

JO - American Economic Journal: Economic Policy

JF - American Economic Journal: Economic Policy

SN - 1945-7731

IS - 3

ER -

ID: 366504782