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Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers. Surprisingly, there is little evidence that efficiencies can offset incentives to raise prices following mergers. We estimate the effects of increased concentration and efficiencies on...
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product variety in the U.S. beer industry. Upon acquisition by a macrobrewer, a craft brewery reduce its product variety in … brewery access to the macrobrewer's distribution network, facilitating expansion into new markets and thereby increasing the …
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"The spread of Pilsner beer from its inception in 1842 clearly shows the changes wrought by globalization in an age of … Europe, the Americas, and Sub-Saharan Africa, this study traces the spread of industrial beer brewing in Europe from the late … 18th to the early 20th century to show how a single beer style became the global favourite through advances in science …
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beer in the U.S. using the Distance Metric method of Pinkse, Slade and Brett (2002). Unlike previous studies, this work … former effect appears to dominate suggesting that advertising increases the overall demand for beer. We discuss the …
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I examine the competitive effects of mandated exclusive territories in the US beer industry. Theory is ambiguous as to … examine the impact on beer prices, quantities, and number of brands sold after Wisconsin mandated that brewers must assign … groups and a synthetic control show that the mandates increased prices and reduced quantity of craft beer. Overall number of …
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1. Introduction -- 2. Brewing Green: Sustainability in the Craft Beer Movement -- 3. Craft Beer Enthusiasts' Support … for Neolocalism and Environmental Causes -- 4. Pure Michigan Beer? Tourism, Craft Breweries, and Sustainability -- 5 …. Representing Rurality: Cider Mills and Agritourism -- 6. Developing Social Capital in Craft Beer Tourism Markets -- 7. New Jersey …
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