Author ORCID Identifier
Date Available
4-26-2024
Year of Publication
2022
Degree Name
Master of Science (MS)
Document Type
Master's Thesis
College
Agriculture, Food and Environment
Department/School/Program
Agricultural Economics
First Advisor
Dr. Yuqing Zheng
Abstract
The onset of the COVID-19 pandemic has stimulated remarkable changes in consumer purchasing and consumption behavior of food and beverages. This inherently raises the question of what the demand for beer differentiated by brands in the U.S. during the pandemic is? To answer this question, we used the recent Nielsen scanner data and employed the Linear Approximated Almost Ideal Demand System (LA/AIDS) model to jointly estimate the demand for the five major brands: Budweiser, Coors, Corona, Heineken, and Miller, as well as remaining brands combined. Our results suggest the sales of Corona and Heineken increased during the pandemic. After controlling price and expenditure endogeneity in the demand system, we find that consumers significantly become price sensitive for Heineken. As a result, there is a substitution between branded beers, but the strongest substitution is between Heineken and Corona. Our results also show a complementary relation between Heineken and Budweiser and Heineken and All-Other.
Digital Object Identifier (DOI)
https://doi.org/10.13023/etd.2022.98
Recommended Citation
Adhikari, Laxmi Devi, "DEMAND SYSTEM ANALYSIS OF BEER IN THE U.S. MARKET" (2022). Theses and Dissertations--Agricultural Economics. 95.
https://uknowledge.uky.edu/agecon_etds/95
