Not exact matches
The core inflation measure that many market economists look at, which also excludes the
prices of
alcohol and tobacco, also slipped to 0.7 percent from 1.0 percent in March.
Excluding energy,
prices rose 1.0 %, while
prices of food,
alcohol and tobacco increased 1.7 %
and prices of services were 1.1 % higher.
Not including energy
and other volatile items like food,
alcohol and tobacco, overall consumer
price inflation was 0.8 percent, a rate the ECB consider too low for a healthy economy.
Raising the
price through taxation, as happens with
alcohol and tobacco, has recently been recommended as an option in the UK.1 4
And nobody's more resistant to new ideas, or investment, than your average small business owner... their offering hasn't changed in decades: Erratically stocked &
priced tobacco,
alcohol, lottery tickets / scratch cards, soda, snacks, candy, newspapers / magazines, etc. served in a tired & dirty shop, by unengaged & surly staff.
Rog, I said that «people used to argue for
tobacco and alcohol because
price elasticities were LOW».
They now argue for high taxes on
tobacco and alcohol to reduce consumption
and addiction even through the
price elasticities are no higher than before.
an example: people used to argue for high taxes on
tobacco and alcohol because
price elasticities were low.
Gary Becker argues that
tobacco and alcohol price elasticities were high in the long - run.
He has recently been involved in matters raising a wide variety of EU law issues, including the implementation of the common agricultural policy; the compatibility with EU law of a residency requirement for entitlement to tuition fee support, a minimum
price for
alcohol,
and plain - packaging for
tobacco products; the designation of special areas of conservation under the Habitats Directive;
and the compatibility of religious further education colleges with the Equal Treatment Directive.
The Australian National Preventive Health agency (ANPHA) has recommended against setting a minimum
price for
alcohol, saying it would lead to bigger profits to
alcohol retailers instead of helping the Government tackle
alcohol - related harms via revenue - raising measures like
alcohol and tobacco taxation.
Specifically, we investigate if transfers: 1) induce higher spending on
alcohol or
tobacco; 2) are fully consumed (rather than invested); 3) create dependency (reduce participation in productive activities); 4) increase fertility; 5) lead to negative community - level economic impacts (including
price distortion
and inflation),
and 6) are fiscally unsustainable.