tag:blogger.com,1999:blog-5623537812609722663.post5620021952470444028..comments2024-03-28T17:11:52.333+00:00Comments on The Pub Curmudgeon: A taxing differentialCurmudgeonhttp://www.blogger.com/profile/02558747878308766840noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5623537812609722663.post-937996076306169652017-11-02T07:40:11.448+00:002017-11-02T07:40:11.448+00:00I would expect most of any reduction to be used to...I would expect most of any reduction to be used to rebuild margins. Not that it would be a bad thing, as it would put pubs on a sounder financial footing, but it wouldn't flow straight through to the drinker's pocket.<br /><br />I touched on this in <a href="https://pubcurmudgeon.blogspot.co.uk/2017/06/feeling-draught.html" rel="nofollow">this blogpost</a>. I don't think in a downward direction the demand is very elastic. I doubt whether many people would drink significantly (or indeed any) more in pubs if the price over the bar went down by 20p a pint.Curmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-23469368936643655962017-11-02T07:24:53.449+00:002017-11-02T07:24:53.449+00:00It would be interesting to see if there is any ana...It would be interesting to see if there is any analysis of the impact of a hypothetical reduction in alcohol duty on pricing. Could consumers expect a price reduction at the handpump, or would brewers and retailers use it as a means of improving their margins, on the basis that drinkers are happily paying existing prices and would continue to do so? Do we have evidence of the elasticity of consumer demand to price?Jon Bengerhttps://www.blogger.com/profile/04345376703967703643noreply@blogger.com