Could a reduction in alcohol consumption be good news for the UK economy?

Kevin Connolly, Katerina Lisenkova, Peter G. McGregor

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Abstract

The UK has one of the highest alcohol consumption rates per capita in the world being ranked 25th according to the latest global World Health Organisation report on alcohol (WHO, 2014). While there are several well documented detrimental effects of alcohol consumption on health, crime and productivity (e.g. Holmes et al, 2016), the sector also contributes positively to the economy through its production and sales activities.
Original languageEnglish
Pages (from-to)26-32
Number of pages7
JournalFraser of Allander Economic Commentary
Volume42
Issue number2
Publication statusPublished - 20 Jun 2018

Keywords

  • alcohol consumption
  • UK economic conditions
  • alcohol taxation

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