A Panel Data Analysis Of The Craft Brewing Industry And North Carolina Driving Rates

This paper reviews the history of academic literature relating to the economic effects of drunk driving and applies these theories and methods to a panel dataset of drunk driving rates across the North Carolina counties over fourteen years from 2001 to 2014. Findings suggest that even when controlling for demographic and macroeconomic variables, the increase in craft breweries has a statistically significant effect on the amount of drunk driving throughout the state. My study uses four different models to analyze this effect, including a fixed effects model that controls for county and time fixed effects<p></p>