The Economic Impact of Changes in Alcohol Consumption in the UK
Connolly, Kevin and Lisenkova, Katerina and McGregor, Peter (2018) The Economic Impact of Changes in Alcohol Consumption in the UK. University of Strathclyde, Glasgow.
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Abstract
The alcohol industry (both manufacturing and sales) is important to the UK Economy as it supports thousands of jobs (IAS, 2017a; Oxford Economics, 2016). However, there are many well documented adverse effects of high alcohol consumption, most notably on public health. With the UK having one of the highest alcohol consumption rates in the world, recent Government policy has sought to address some of this harm. Changes in policy and social attitudes may result in changes in UK alcohol consumption. The focus of this report is to examine the potential macroeconomic impact from changes in UK alcohol consumption. Previous studies (WTSA, 2013) have investigated the gross impacts resulting from changes in consumption – that is, the impact of the alcohol sector without considering reallocation of spending to other goods and services. This report extends the literature and investigates the net impacts by including the redistribution of both household and government income.
ORCID iDs
Connolly, Kevin ORCID: https://orcid.org/0000-0003-2333-2211, Lisenkova, Katerina ORCID: https://orcid.org/0000-0003-0264-9797 and McGregor, Peter ORCID: https://orcid.org/0000-0003-1221-7963;-
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Item type: Report ID code: 63723 Dates: DateEvent11 April 2018PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 16 Apr 2018 09:30 Last modified: 08 Nov 2024 01:55 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/63723