Table 2.
Alcohol Taxes on Alcohol Consumption
| Specification | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Log Alcohol Consumption per Capita | ||||||||
|
| ||||||||
| Beer | Beer | Wine | Wine | Liquor | Liquor | Total | Total | |
| Alcohol Tax Index | −0.0113**
(0.0052) |
−0.0107***
(0.0038) |
||||||
|
| ||||||||
| Beer Tax | −0.0243*
(0.0138) |
−0.0258*
(0.0133) |
||||||
| Wine Tax | −0.0592***
(0.0121) |
−0.0517***
(0.0120) |
||||||
| Liquor Tax | −0.0016 (0.0014) |
−0.0019 (0.0012) |
||||||
|
| ||||||||
| Gun Prevalence | −0.0004 (0.0013) |
0.0015 (0.0014) |
0.0007 (0.0010) |
0.0003 (0.0009) |
||||
| Income Per Capita (real) | 0.0110 (0.0088) |
0.0051 (0.0130) |
0.0391***
(0.0109) |
0.0205***
(0.0076) |
||||
| Population Density | −0.0264 (0.0182) |
−0.0182**
(0.0081) |
−0.0252 (0.0182) |
−0.0203 (0.0135) |
||||
| Unemployment Rate | 0.0082 (0.0053) |
0.0026 (0.0073) |
0.0061 (0.0052) |
0.0031 (0.0035) |
||||
| % African American | 0.0115 (0.0092) |
0.0303*
(0.0151) |
0.0148 (0.0142) |
0.0151 (0.0104) |
||||
| R-Squared | 0.95 | 0.95 | 0.98 | 0.98 | 0.95 | 0.96 | 0.95 | 0.95 |
| No. of Observations | 702 | 702 | 702 | 702 | 702 | 702 | 702 | 702 |
| State & Year FE | X | X | X | X | X | X | X | X |
Note: The alcohol tax index is calculated as cents per ounce of ethanol in 1982-1984 dollars. Standard errors are clustered at the state-level and observations are weighted by state population.
*
Significant at the 0.10 level,
**
Significant at the 0.05 level,
***
Significant at the 0.01 level