The Impact of Excise Tax Increases on Ethyl Alcohol Sales in Lithuania
This article provides empirical evidence that the demand for ethyl alcohol in Lithuania is price elastic and the root cause of this elasticity is the competition between Lithuanian and Polish sellers. The basis for the emergence of competition lies in the price differences between the countries, wh...
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Format: | Article |
Language: | English |
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Vilnius University Press
2020-01-01
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Series: | Ekonomika |
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Online Access: | https://www.journals.vu.lt/ekonomika/article/view/15013 |