This paper evaluates the impact on prices of the 2013 merger between Anheuser-Busch InBev(ABI) and Grupo Modelo and the associated court-required divestiture of Grupo Modelo’s US business to Constellation. We use difference-in-differences and event study regressions to capture firms' price...

Corporate community engagement strategy is useful means of evaluating community needs. This study examines the practice of corporate community engagement strategy of local brewery companies in Ethiopia based on Bowel et al., 2010 model. Mixed method was employed and 718 data was collected from...

We propose a general method that allows the identification of the policy maker’s unobserved preferences when setting different excise tax rates to differentiated products. We use it to evaluate excise beer tax policy in the Canadian province of Ontario, identifying the government’s...

The interest by consumers in the coffee house industry is sweeping the country. DUNGOG Cafe is positioned to bring this to the Busay Hills, Cebu City area. It is a spot frequented by both locals and tourists for its captivating beauty, cool air, and peaceful vibe. It is also the highest point...

As contract farming is a useful arrangement that integrates smallholder farmers in the agricultural value chain in developing countries, it is essential for agricultural policies focusing on rural development to implement and promote such initiatives. However, as sorghum farmers are reluctant to...

Though U.S. antitrust authorities have historically focused on prices in merger analyses, there is now growing interest in the impact of mergers on non-price market outcomes. In this paper, we examine the effect of horizontal mergers on product variety in the U.S. beer industry. Upon acquisition...

Prolamins have attracted increasing attention in recent years because of their potential application in active ingredient encapsulation and food packaging. As a byproduct in the Baijiu brewing industry with huge production (40 million tons every year), Jiuzao is a great source of prolamin...

Human social affairs are important elements to advertising, propelling advertisers to lure consumers into phenomena in the social system. Thus, the study examined the applications of the social events to captivate consumers as propagated in the advertisements of Star®, Heineken®, Maltina® and...

A hedonic regression framework is proposed for evaluating the determinants of beer prices and consumer ratings. This study specifically addresses the endogeneity problem associated with the impact of consumer ratings on beer prices using a set of beer sensory and chemical characteristics as...

The success of YCombinator and the proliferation of startup accelerators across the globe have stimulated significant scholarly work. We join the conversation and ask the following question; are accelerators akin to beer, where quality is mainly a function of the institution of origin (i.e.,...

This paper studies the 2008 MillerCoors joint venture in the U.S. beer industry through a vertically related market framework. The cost efficiency and increased upstream market power impacts of this merger are quantitively measured and, more importantly, the effect of downstream concentration on...

The beer industry is one of the businesses affected during the COVID-19 pandemic. Despite the exponential growth of the beer industry throughout the years, this aspect of the beverage industry has gained limited attention and has been underexplored. This study aimed to provide a better and...

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...

Prior to the arguably superior double-entry system of accounting, single-entry accounting was used widely. Extant literature on single-entry accounting suggests it remained in use well after the advent of double-entry, with ease of use cited as a key reason. However, there may be other reasons...

The main aim of this empirical research is to investigate the direct effect of supply chain practices (SCPs) on the operational performance of the Ethiopian Brewery Industry. This research conceptualizes and develops six dimensions of SCPs (viz., strategic supplier partnership, level of...

This study appraised the effect of green marketing on sustainability of brewery firms in Nigeria using the South-East geo-political zone of Nigeria as the study area. Specifically, it sought to ascertain the extent green product; green price; green placement; and green promotion on the...

In this paper we extend the BEER (Behavioral Equilibrium Exchange Rate) approach which identifies an estimated equilibrium relationship between the real exchange rate and economic fundamentals. Here the economic fundamentals are decomposed using Johansen cointegration methods into transitory and...

This paper studies excise tax policy that applies different tax rates to differentiated products. We propose a general method, from the revealed preferences perspective, that allows the identification of the policy maker’s unobserved preferences when setting excise tax rates. We use it to...

In this paper, we study the effect of the MillerCoors joint venture on craft brewers in the United States. Using a detailed scanner data set, which covers 1,739 grocery stores located in 33 cities, we track the assortment and the market share of craft beers that were offered from 2001 until...

In this paper, I exploit the exogenous, negative shock to the image of China in the COVID-19 pandemic era and study the impact of country image on consumer choice in the South Korean beer market. First, I find that Tsingtao, a popular Chinese beer brand, lost more than 5 million liters in sales,...

Large beer manufacturers, known colloquially as “Big Beer,” have been steadily losing market share to small, independent craft breweries. Big Beer wants its market share back, and in some cases will go to great lengths to try to defend its dominance—even anticompetitive conduct. Below-cost...

"The spread of Pilsner beer from its inception in 1842 clearly shows the changes wrought by globalization in an age of empire. Its rise was dependent not only on technological innovations and faster supply chains, but also on the increased connectedness of the world and the political and...

The paper analyzes the performance of a sample of Italian microbreweries. For small and very small companies, performance analyses represent an important tool for the investigation of both the efficiency and the survival chances of the companies in the medium and long term. The methodology used...

We study the effects of merger on firm entry, product variety and prices in the retail craft beer market in California. We develop a new method to estimate multiple-discrete choice models in order to recover fixed costs. The method is based on bounds of conditional choice probabilities and does...

This article analyzes private enforcement of tied-house, unfair competition, and false advertising laws in the beer market. Private enforcement would help independent craft breweries maintain market share in an increasingly competitive environment

This study was set out to ascertain the effect of sustainability reporting on economic value added of quoted brewery firms in Nigeria for a ten (10) year period spanning from 2008-2017. Sustainability reporting was proxied by economic sustainability reporting, social sustainability reporting and...

The current paper investigates consumers' consumption behavior and preferences for craft beer. More specifically, it uncovers consumers' consumption habits and perception about craft beer, as well as their preferences for 13 beer attributes drawn from the literature. The analysis was carried out...

"This book examines how beer reflects the structure of society's collective values, economic structures, and structural inequity. The authors explore the organization of our social world through looking at beer as a marker of identity, an object of connoisseurship, and a livelihood for those who...