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method to study merger effects on firm entry and product variety in the retail craft beer market in California. We simulate … an acquisition of multiple craft breweries by a large brewery and find that the acquisition would induce firm entry and …
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(1) Background: Big brewers, which have experienced declining sales for their beer brands in the last decade, have been … barrels per year) taking advantage of the increasing sales of craft beer by emulating these products or by acquiring craft … ownership of U.S. mainstream and craft beer brands was decoded and visualized. In addition, an exploratory case study analyzed …
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exploit the 2008 merger of Miller and Coors in the U.S. brewing industry to examine how changes in local concentration affect … firms' advertising behavior. Well-established regional preferences over beer brands, and the sharp increase in concentration … from the merger, make this an excellent setting to analyze this question. We find a significant positive effect of local …
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We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 … EU member states, we estimate the tax pass-through of specific beer excise taxes and ad valorem value added taxes (VAT …
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The alternative specifications of the behavioural equilibrium exchange rate models (the BEERs) and their permanent counterparts (the PEERs) often deliver diverse estimates of the equilibrium exchange rate. In the case of the Czech koruna against the euro exchange rate, the discrepancy among the...
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