期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2014
卷号：39
期号：2
页码：174-187
出版社：WAEA
摘要：Although mass-produced beers still represent the vast majority of U.S. beer sales, there has beena significant growth trend in the craft beer segment. This study analyzes the demand for beer asa di erentiated product and estimates own-price, cross-price, and income elasticities for beer bytype: craft beer, mass-produced beer, and imported beer.We verify that beer is a normal good witha considerably inelastic demand and also find that the cross-price elasticity across types of beer isclose to zero. The results suggest that there are e ectively separate markets for beer by type.
关键词：craft beer; demand analysis; di erentiated products
