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来源类型Working Paper
规范类型报告
DOI10.3386/w19353
来源IDWorking Paper 19353
Efficiencies Brewed: Pricing and Consolidation in the U.S. Beer Industry
Orley C. Ashenfelter; Daniel Hosken; Matthew C. Weinberg
发表日期2013-08-22
出版年2013
语种英语
摘要Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers. Surprisingly, there is little evidence that efficiencies can offset incentives to raise prices following mergers. We estimate the effects of increased concentration and efficiencies on pricing by using panel scanner data and geographic variation in how the merger of Miller and Coors breweries was expected to increase concentration and reduce costs. All else equal, the average predicted increase in concentration lead to price increases of two percent, but at the mean this was offset by a nearly equal and opposite efficiency effect.
主题Other ; Law and Economics ; Industrial Organization ; Market Structure and Firm Performance ; Antitrust
URLhttps://www.nber.org/papers/w19353
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577028
推荐引用方式
GB/T 7714
Orley C. Ashenfelter,Daniel Hosken,Matthew C. Weinberg. Efficiencies Brewed: Pricing and Consolidation in the U.S. Beer Industry. 2013.
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