The first economic analysis of the beer market and brewing industry, this volume examines the history and consumption of beer, industrial organisation, and new beer markets. It presents global developments as well as country studiesfrom Europe, the US, China, Russia, and India. Beer has been consumed across the globe for centuries and was the drink of choice in many ancient societies.Today it is the most important alcoholic drink worldwide, in terms of volume and value. The largest brewing companies have developed into global multinationals, and the beer market has enjoyed strong growth in emerging economies, butthere has been a substantial decline of beer consumption in traditional markets and a shift to new products. There is close interaction betweengovernments and markets in the beer industry. For centuries, taxes on beer orits raw materials have been a major source of tax revenue and governments have regulated the beer industry for reasons related to quality, health, and competition.This book is the first economic analysis of the beer market and brewing industry. The introduction provides an economic history of beer, from monasteries in the early Middle Ages to the recent 'microbrewery movement', whilst other chapters consider whether people drink more beer during recessions, the effect of television on local breweries, and what makes a country a 'beer drinking' nation. It comprises a comprehensive and unique set of economic research and analysis on the economics of beerand brewing and covers economic history and development, supply and demand, trade and investment, geography and scale economies, technology and innovation,health and nutrition, quantity and quality, industrial organization and competition, taxation and regulation, and regional beer marketdevelopments. INDICE: Part I: History A Brief Economic History of Beer Beer Production, Profits, and Public Authorities in the Renaissance Standards and InternationalTrade Integration: A Historical Review of the German 'Reinheitsgebot' BrewingNation: War, Taxes, and the Growth of the British Beer Industry in the 18th and 19th Centuries Belgian Beers: Where History Meets Globalization Part II: Consumption Cold Comfort in Hard Times: Do People Drink More Beer During Recessions? Beer Drinking Nations: The Determinants of Global Beer Consumption Recent Economic Developments in the Import and Craft Segments of the US Brewing Industry Culture and Beer Preferences Part III: Industrial Organization Competition Policy Towards Brewing: Rational Response to Market Power or Unwarranted Interference in Efficient Markets? Developments in US Merger Policy: The Beer Industry as Lens The Growth of Television and the Decline of Local Beer Determinants of the Concentration in Beer Markets in Germany and the United States: 1950 - 2005 How the East was Won: The Foreign Takeover of the Eastern European Brewing Industry Part IV: The New Beer Markets Beer Battles in China: The Struggle over the World's Largest Beer Market From Vodka to Baltika: A Perfect Storm in the Russian Beer Market Opening the Beer Gates: How Liberalization Caused Growth in India's Beer Market Part V: Conclusion Beeronomics: The Economics of Beer and Brewing
- ISBN: 978-0-19-969380-1
- Editorial: Oxford University
- Encuadernacion: Cartoné
- Páginas: 400
- Fecha Publicación: 27/10/2011
- Nº Volúmenes: 1
- Idioma: Inglés