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- W3150241384 abstract "Junk-food taxes have mixed effects on obesity and junk-food consumption. We build a theoretical model to explain empirical results and better understand how to address the obesity crisis. In our framework, hand-to-mouth consumers make an intertemporal choice between junk-food consumption and weight loss. Their choice depends on calorie consciousness, which is influenced by perceived after-tax relative prices and educational attainment. Thus, a junk-food tax modifies consumers’ intertemporal choice both through their budget constraint and calorie consciousness. As a result, the effect of the tax on body weight reflects competing income, intertemporal substitution, and calorie-consciousness effects. The model explains empirical observations such as the recent rise in obesity and differences in weight outcomes for different income levels. The model explains circumstances under which junk-food taxes can be effective or ineffective to reduce body weight as well as differences in elasticities of high-calorie food consumption for high- and low-income earners." @default.
- W3150241384 created "2021-04-13" @default.
- W3150241384 creator A5082336655 @default.
- W3150241384 date "2021-03-01" @default.
- W3150241384 modified "2023-10-02" @default.
- W3150241384 title "Hand-to-mouth Consumption and Calorie Consciousness: Consequences for Junk-food Taxation" @default.
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- W3150241384 doi "https://doi.org/10.1177/10911421211000465" @default.
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