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The following are estimated demand elasticities for Alcoholic Beverages from a 1995 study of the demand for alcohol published in the Applied Economics journal. The

The following are estimated demand elasticities for Alcoholic Beverages from a 1995 study of the demand for alcohol published in theApplied Economics

journal. The notation is X = beer, Y = wine, Z = spirits, I = income.

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Elasticity Beer Wine Spirits Price Elasticity Exp = -.23 EYp = -.40 Ezp = -.25 Income Elasticity EXI = -.09 EYI = 5.03 EZI = 1.21 Cross Elasticity ExY = .31 EYx = 16 EZX = .07 Cross Elasticity EXz = .15 EYz = .10 EZY = .09

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