Definition of relevant market in beer industry: Application of LA-AIDS model

被引:0
|
作者
Houska, Tomas [1 ]
Bil, Jaroslav [2 ]
机构
[1] Off protect competit, Chief Econ Dept, Brno 60455, Czech Republic
[2] Masaryk Univ, Fac Econ, Dept Econ, CS-60177 Brno, Czech Republic
关键词
competition; beer; demand estimation; LA-AIDS; DEMAND;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of our article is to investigate whether there exists a relevant product market narrower than beer. We use multilevel budget LA-AIDS model to estimate the demand elasticities of the biggest beer brands and selected beer segments on US scanner data. We then perform a critical loss analysis to investigate if the proposed segments constitute separate relevant markets. Results of our paper can be helpful to competition authorities in their assessment of future mergers in the beer industry.
引用
收藏
页码:320 / +
页数:2
相关论文
共 15 条
  • [1] Welfare impacts of transport fuel price changes on Indian households: An application of LA-AIDS model
    Bhuvandas, Dhanyashree
    Gundimeda, Haripriya
    [J]. ENERGY POLICY, 2020, 144
  • [2] Examining the Japanese seaweed market before and after the earthquake using a partial adjustment model of LA-AIDS
    Wakamatsu, Hiroki
    Miyata, Tsutomu
    [J]. FISHERIES SCIENCE, 2016, 82 (03) : 549 - 559
  • [3] Examining the Japanese seaweed market before and after the earthquake using a partial adjustment model of LA-AIDS
    Hiroki Wakamatsu
    Tsutomu Miyata
    [J]. Fisheries Science, 2016, 82 : 549 - 559
  • [4] Income and price elasticities of animal food demand and welfare in Indonesian urban: an application of the LA-AIDS
    Anindita, Ratya
    Sa'diyah, Ana Arifatus
    Khoiriyah, Nikmatul
    [J]. FUTURE OF FOOD-JOURNAL ON FOOD AGRICULTURE AND SOCIETY, 2022, 11 (01): : 1 - 14
  • [5] Empirical Analysis on the Mutual Substitution Relationship between Vegetables in Beijing Based on LA-AIDS Model
    Liu, Lihong
    Xu, Weiping
    Xu, Zhenbao
    Xu, Shiwei
    Li, Zhemin
    Yu, Wen
    Li, Ganqiong
    [J]. 2018 INTERNATIONAL SEMINAR ON COMPUTER SCIENCE AND ENGINEERING TECHNOLOGY (SCSET 2018), 2019, 1176
  • [6] Household energy demand in Kenya: An application of the linear approximate almost ideal demand system (LA-AIDS)
    Ngui, Dianah
    Mutua, John
    Osiolo, Hellen
    Aligula, Eric
    [J]. ENERGY POLICY, 2011, 39 (11) : 7084 - 7094
  • [7] A STRUCTURAL APPROACH TO MARKET DEFINITION WITH AN APPLICATION TO THE HOSPITAL INDUSTRY
    Gaynor, Martin S.
    Kleiner, Samuel A.
    Vogt, William B.
    [J]. JOURNAL OF INDUSTRIAL ECONOMICS, 2013, 61 (02): : 243 - 289
  • [8] Tree nuts demand analysis using the LA-AIDS model: A case of the Indian economy paradox
    Forgenie, David
    Dhayal, Karambir Singh
    Sookhai, Satesh
    Khoiriyah, Nikmatul
    Suchit, Celine
    Simbhoo, Gabrielle
    Isaac, Wendy-Ann P.
    [J]. HELIYON, 2024, 10 (13)
  • [9] Validating LA/AIDS model in the food market of Pakistan
    Mustafa, Ghulam
    Huo, Weidong
    Pervaiz, Amber
    Ullah, Muhammad Rizwan
    Fiqar, Muhammad Zul
    [J]. HELIYON, 2022, 8 (09)
  • [10] The German whitefish market: An application of the LA/AIDS model using retail-scanner-data
    Bronnmann, Julia
    [J]. AQUACULTURE ECONOMICS & MANAGEMENT, 2016, 20 (04) : 330 - 341