Detail práce

Sin Tax on Soft Drinks: //Possible Impacts in the Czech Republic

Autor: Mgr. Hana Štefanová
Rok: 2017 - zimní
Vedoucí: PhDr. Jana Votápková Ph.D.
Typ práce: Diplomová
Finance, finanční trhy a bankovnictví
Jazyk: Anglicky
Stránky: 73
Abstrakt: Overweight and obesity are a global problem, especially in the developed countries
such as the Czech Republic. A sin food tax on products contributing to
the creation and expansion of this problem, is a measure which many states
have chosen. In the Czech Republic, any sin food tax has never been implemented.
The aim of the thesis is to evaluate possible impact of such tax on
soft drinks. The key indicator which must be estimated is the own-price elasticity
of demand for soft drinks. The data used for the thesis are provided
by Czech Statistical Office and contains Household Budget Survey Data from
years 2002-2007. Almost Ideal Demand System with the implementation of
Shonkwiller and Yen’s estimator is evaluated as the most suitable model. The
final own-price elasticity is -1.3580, which suggests that the possible increase in
Value Added Tax for soft drinks may be efficient. Moreover, it was simulated
that there would be a stronger effect in case of lower-income households, where
higher prevalence of overweight and obesity is proven




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