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Vitamin Panacea: Is Advertising Fueling Demand for Products with Uncertain Scientific Benefit?

机译:维生素万能药:广告是否正在推动对具有不确定科学价值的产品的需求?

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摘要

This study examines the effect of advertising on demand for vitamins—products with spiraling sales despite little evidence of efficacy. We merge seven years (2003–2009) of advertising data from Kantar Media with the Simmons National Consumer Survey to estimate individual-level vitamin print and television ad exposure effects. Identification relies on exploiting exogenous variation in year-to-year advertising exposure by controlling for each individual’s unique media consumption. We find that increasing advertising exposure from zero to the mean number of ads increases the probability of consumption by 1.2 and 0.8 percentage points (or 2 and 1.4 percent) in print and television respectively. Stratifications by the presence of health conditions suggests that in print demand is being driven by both healthy and sick individuals.
机译:这项研究检验了广告对维生素需求的影响,尽管很少有功效证据,但维生素的销售呈螺旋式增长。我们将来自Kantar Media的七年(2003-2009)广告数据与Simmons全国消费者调查合并,以评估个人层面的维生素印刷品和电视广告的曝光效果。识别依赖于通过控制每个人独特的媒体消费来利用每年广告曝光中的外在变化。我们发现,将广告曝光率从零增加到平均广告数量,会使平面广告和电视广告的消费概率分别提高1.2和0.8个百分点(或2和1.4%)。由于存在健康状况而导致的分层表明,健康和患病个体都在推动印刷需求。

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