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Beer snobs do exist: Estimation of beer demand by type

dc.creatorToro-González D.
dc.creatorMcCluskey J.J.
dc.creatorMittelhammer R.C.
dc.identifier.citationJournal of Agricultural and Resource Economics; Vol. 39, Núm. 2; pp. 174-187
dc.description.abstractAlthough 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 type: craft beer, mass-produced beer, and imported beer. We verify that beer is a normal good with a considerably inelastic demand and also find that the cross-price elasticity across types of beer is close to zero. The results suggest that there are effectively separate markets for beer by type. Copyright 2014 Western Agricultural Economics Association.eng
dc.format.mediumRecurso electrónico
dc.publisherColorado State University
dc.titleBeer snobs do exist: Estimation of beer demand by type
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dc.subject.keywordsCraft beer
dc.subject.keywordsDemand analysis
dc.subject.keywordsDifferentiated products
dc.rights.ccAtribución-NoComercial 4.0 Internacional
dc.identifier.instnameUniversidad Tecnológica de Bolívar
dc.identifier.reponameRepositorio UTB

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