Possibilities and impacts of potential liberalization of the alcohol market in the Czech republic based on the data from 2009 to 2015

The target of this Bachelor thesis was to analyse the Alcohol Market in the Czech Republic and its regulation by excise taxation between 2009 and 2015. It aims on modeling potential situations of the market liberalization. Especially it examines changes in state budget and alcohol consumption as a result of fluctuation in both excise tax and value-added tax. It also deals with potential changes of medical services costs in relation to variable alcohol consumption. Some of the partial conclusions in this work are based on expierences from alcohol prohibition period in specific countries. The work includes introduction to Czech legislation, as well as it describes the excise taxes in terms of alcohol use. The Laffers curve has been applied on alcohol market and results into an conclusion, that involves reducing the excise taxes what will lead to stimulation of the relevant economic sector and may have effect on the services industry as well. The thesis is also recommending solutions on increased medical services costs in relation to higher alcohol consumption