Alcohol Taxation, Affordability and Price Elasticity: Analysis of 7 Indian States (sponsored by WHO)
In this project, we conduct price and tax elasticity estimates of alcohol consumption and participation for seven states in India, using NFHS 2015-16, NFHS 2004-05 and NSSO 2011-12. Price and tax structure was collected from state excise department. We find that while consumption elasticity and participation elasticity is low, cross-price elasticity between alcoholic product is high. Further, as opposed to conventional knowledge, individuals have a high propensity to switch to more expensive liquor if cheaper liquor is banned. The results have implication for prohibition policy.
Business Expectation Survey
Business Expectations Survey (BES) is an online quarterly survey conducted by NCAER where we sample firms from four industrial clusters across India, each quarter. The questionnaire seeks responses on firms’ expectations of costs, employment, economic conditions, political climate, confidence in political reforms, etc. Email me at firstname.lastname@example.org for the latest report and results.