Toro-Gonzalez, Daniel; McCluskey, Jill J.; Mittelhammer, Ron - In: Journal of Agricultural and Resource Economics 39 (2014) 2
Although mass-produced beers still represent the vast majority of U.S. beer sales, there has been a significant growth trend in the craft beer segment. This study analyzes the demand for beer as a differentiated product and estimates own-price, cross-price, and income elasticities for beer by...