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This paper estimates how beer franchise laws and their interaction with restrictions on vertical integration between manufacturing and wholesaling impacted US craft brewers' entry and production decisions. The effects are identified by exploiting variation in policies across states and time...
Persistent link: https://www.econbiz.de/10012803903
Theories conflict as to whether vertically imposed exclusive territories have a positive or negative impact on welfare, and appropriate antitrust treatment is still debated. I examine the impact that the use of exclusive wholesale territories has in the brewing industry by studying beer sales in...
Persistent link: https://www.econbiz.de/10012869859
This paper empirically estimates how U.S. craft brewers' entry and production decisions responded to mandated vertical restraints. I examine beer franchise laws and their interaction with restrictions on vertical integration between manufacturing and wholesaling. The effects are identified by...
Persistent link: https://www.econbiz.de/10012869860
Persistent link: https://www.econbiz.de/10012631622
This paper estimates how beer franchise laws and their interaction with restrictions on vertical integration between manufacturing and wholesaling impacted US craft brewers' entry and production decisions. The effects are identified by exploiting variation in policies across states and time...
Persistent link: https://www.econbiz.de/10012792454
Recent studies suggest ridesharing services, such as Uber and Lyft, may reduce instances of intoxicated driving. However, if such services increase the frequency and intensity of drinking activity, then the net impact of ridesharing on alcohol-related social harms may be more complicated than...
Persistent link: https://www.econbiz.de/10012846841
Recent studies suggest ridesharing services, such as Uber and Lyft, may reduce instances of intoxicated driving. However, if such services increase the frequency and intensity of drinking activity, then the net impact of ridesharing on alcohol-related social harms may be more complicated than...
Persistent link: https://www.econbiz.de/10012846845
I examine the competitive effects of mandated exclusive territories in the US beer industry. Theory is ambiguous as to the competitive impacts of this vertical practice. Using scanner data from a large number of grocery stores, I empirically examine the impact on beer prices, quantities, and...
Persistent link: https://www.econbiz.de/10014106105