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 PhiladelphiaPropose 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 Only Typing answer pleaseI need ASAP

When an intervention is chosen based on a predetermined threshold or cutoff point, the regression…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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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

Only Typing answer please

I need ASAP

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