TY  - JOUR
PY  - 1999//
TI  - A note on 'Economic conditions and alcohol problems'
JO  - Journal of health economics
A1  - Freeman, Donald G.
SP  - 661
EP  - 670
VL  - 18
IS  - 5
N2  - This paper reexamines the effect of the business cycle on alcohol consumption using U.S. state-level analysis introduced by Rhum [Ruhm, C.J., 1995. Economic conditions and alcohol problems. Journal of Health Economics 14, 583-603]. Using an extended panel, this analysis finds that Ruhm's estimates are biased and inconsistent due to the problem of non-stationarity in alcohol consumption and state economic condition time series. Corrected estimation using logarithmic first differences confirms Ruhm's original finding of pro-cyclical alcohol consumption, but these results, unlike Ruhm's, are robust to sample period.<p /> 
LA  - 
SN  - 0167-6296
UR  - http://dx.doi.org/10.1016/S0167-6296(99)00005-3
ID  - ref1
ER  -