Literature DB >> 26681066

Alcohol industry and governmental revenue from young Australians.

Ian W Li1, Jiawei Si1.   

Abstract

Objective The aim of the present study was to estimate the revenues collected by government and industry from alcohol consumption by young Australians in 2010. Methods Statistical analyses were performed on data from the Australian National Drug Strategy Household Survey 2010 and alcohol data collected from an online retailer to calculate the proportion, frequency, quantity and revenues from alcohol consumption by young Australians. Results One-third of adolescents (12-17 years old) and 85% of young adults (18-25 years old) consume alcohol. More than half the adolescents' alcohol consumption is from ready-to-drink spirits. Revenue generated from alcohol consumption by 12-25 year olds is estimated at $4.8 billion in 2010 (2014 Australian dollars): $2.8 billion to industry (sales) and $2.0 billion to government (taxes). Conclusions Alcohol consumption by young Australians is prevalent, and young Australian drinkers consume alcohol in substantial amounts. The industry and taxation revenue from young drinkers is also considerable. It would be in the public interest to divert some of this revenue towards health initiatives to reduce drinking by young people, especially given the high societal costs of alcohol consumption. What is known about the topic? Australian adolescents aged 12-17 years consume substantial amounts of alcohol, and substantial amounts of revenue are generated from alcohol sales to them. What does this paper add? This paper provides recent estimates of alcohol consumption and revenue generated by Australian adolescents, and extends estimates to young adults aged 18-25 years. What are the implications for practitioners? A substantial proportion of Australian young people consume alcohol. The sales and taxation revenue generated from young people's drinking is substantial at A$4.8 billion in 2010 and is higher in real terms than estimates from previous studies. Some of the alcohol taxation revenue could be diverted to health promotion and education for young people, because the costs of alcohol consumption in terms of health outcomes and productivity losses for these age groups are expected to be especially high.

Entities:  

Mesh:

Year:  2016        PMID: 26681066     DOI: 10.1071/AH15146

Source DB:  PubMed          Journal:  Aust Health Rev        ISSN: 0156-5788            Impact factor:   1.990


  2 in total

1.  Company-Specific Revenues From Underage Drinking.

Authors:  Raimee H Eck; Pamela J Trangenstein; Michael Siegel; David H Jernigan
Journal:  J Stud Alcohol Drugs       Date:  2021-05       Impact factor: 2.582

2.  Alcohol Beverage Household Expenditure, Taxation and Government Revenues in Broader European WHO Region.

Authors:  Mihajlo Jakovljevic; Elena A Varavikova; Henriette Walter; Alexander Wascher; Ana V Pejcic; Otto M Lesch
Journal:  Front Pharmacol       Date:  2017-05-26       Impact factor: 5.810

  2 in total

北京卡尤迪生物科技股份有限公司 © 2022-2023.