Kinnucan, Henry W.; Miao, Yuliang; Xiao, Hui; Kaiser, … - In: Advertising and differentiated products, (pp. 1-29). 2001
A two-stage Rotterdam model is estimated to determine the effects of advertising on the demand for non …-alcoholic beverages in the United States. Results suggest that advertising has no effect on the demand for non-alcoholic beverages taken … as a group. However, the hypothesis that advertising has no effect on the distribution of demand within the non …