In 2017, Philadelphia launched a sweetened beverage tax of 1.5 cents per ounce, raising the cost of a 2-liter soda bottle from about $1.50 to $2.50. One year later, the Philadelphia mayor wants to evaluate if this "sugar tax" improves the health status of Philadelphia Propose ONE method (i.e. difference-in-difference, instrumental variables, or regression discontinuity) to address these questions. write down its implementation details (the type of data you need, potential sources to get the data, equations) its pros and cons

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4: Estimating Demand
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  1. In 2017, Philadelphia launched a sweetened beverage tax of 1.5 cents per ounce, raising the cost of a 2-liter soda bottle from about $1.50 to $2.50. One year later, the Philadelphia mayor wants to evaluate if this "sugar tax" improves the health status of Philadelphia

Propose ONE method (i.e. difference-in-difference, instrumental variables, or regression discontinuity) to address these questions. write down its implementation details (the type of data you need, potential sources to get the data, equations) its pros and cons 

 

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