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- W1567454533 abstract "Although 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 di erentiated 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 e ectively separate markets for beer by type." @default.
- W1567454533 created "2016-06-24" @default.
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- W1567454533 date "2014-08-01" @default.
- W1567454533 modified "2023-10-18" @default.
- W1567454533 title "Beer Snobs Do Exist: Estimation of Beer Demand by Type" @default.
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- W1567454533 doi "https://doi.org/10.22004/ag.econ.186564" @default.
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