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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19353 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w19353 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
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. |
条目包含的文件 | 条目无相关文件。 |
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