The effect of the Covid-19 pandemic on private imports of alcoholic beverages in Sweden
(2021) NEKH01 20211Department of Economics
- Abstract
- Purpose: The purpose of this study is to determine how consumption patterns of alcoholic beverages on the Swedish market have changed as a consequence of the Covid-19 pandemic in 2020 and why this is the case. Consumption levels during the year 2020 will be compared to year 2019 in order to distinguish a potential pattern of change.
Theoretical framework: The study is based on consumption theory, where the income and substitution effect of alcoholic beverages in Sweden is examined. Relevant research on demand for alcohol in Sweden as well as socioeconomic changes brought by the Covid-19 pandemic are also used in the study.
Method: The study is of a quantitative nature, using statistical methods in order to reach a conclusion. The... (More) - Purpose: The purpose of this study is to determine how consumption patterns of alcoholic beverages on the Swedish market have changed as a consequence of the Covid-19 pandemic in 2020 and why this is the case. Consumption levels during the year 2020 will be compared to year 2019 in order to distinguish a potential pattern of change.
Theoretical framework: The study is based on consumption theory, where the income and substitution effect of alcoholic beverages in Sweden is examined. Relevant research on demand for alcohol in Sweden as well as socioeconomic changes brought by the Covid-19 pandemic are also used in the study.
Method: The study is of a quantitative nature, using statistical methods in order to reach a conclusion. The method mainly used is regression analysis, where the regressions are set up according to the Gauss-Markov assumptions and tested for multicollinearity.
Conclusion: The analysis showed that there partly exists a positive substitution effect when it comes to alcoholic beverages being purchased abroad. The changes in consumption was the biggest in Swedish counties closely bordering other countries. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9064070
- author
- Brejwo, Marta Celina LU
- supervisor
- organization
- course
- NEKH01 20211
- year
- 2021
- type
- M2 - Bachelor Degree
- subject
- keywords
- Consumption theory, consumer preferences, Covid-19, regression analysis, substitution effect
- language
- English
- id
- 9064070
- date added to LUP
- 2021-10-14 10:20:54
- date last changed
- 2021-10-14 10:20:54
@misc{9064070,
abstract = {{Purpose: The purpose of this study is to determine how consumption patterns of alcoholic beverages on the Swedish market have changed as a consequence of the Covid-19 pandemic in 2020 and why this is the case. Consumption levels during the year 2020 will be compared to year 2019 in order to distinguish a potential pattern of change.
Theoretical framework: The study is based on consumption theory, where the income and substitution effect of alcoholic beverages in Sweden is examined. Relevant research on demand for alcohol in Sweden as well as socioeconomic changes brought by the Covid-19 pandemic are also used in the study.
Method: The study is of a quantitative nature, using statistical methods in order to reach a conclusion. The method mainly used is regression analysis, where the regressions are set up according to the Gauss-Markov assumptions and tested for multicollinearity.
Conclusion: The analysis showed that there partly exists a positive substitution effect when it comes to alcoholic beverages being purchased abroad. The changes in consumption was the biggest in Swedish counties closely bordering other countries.}},
author = {{Brejwo, Marta Celina}},
language = {{eng}},
note = {{Student Paper}},
title = {{The effect of the Covid-19 pandemic on private imports of alcoholic beverages in Sweden}},
year = {{2021}},
}