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Competition And Price Wars In The U.S. Brewing Industry, Jayendra Gokhale, Victor J. Tremblay
Competition And Price Wars In The U.S. Brewing Industry, Jayendra Gokhale, Victor J. Tremblay
Accounting, Economics, Finance, and Information Sciences - Daytona Beach
The behavior of the macro or mass-production segment of the U.S. brewing industry appears to be paradoxical. Since the end of Prohibition in 1934, the number of independent brewer has continuously declined while the major national brewers, such as Anheuser-Busch, Miller, and Coors, have gained market share. In spite of this decline in the number of competitors, profits and market power have remained low in brewing. Iwasaki et al. (2008) explain this result by providing evidence that changes in marketing and production technologies favored larger brewers and forced the industry into a war of attrition, in which only a handful …
State Based Determinants Of Inward Fdi Flow In The Us Economy, Lucyna Kornecki, E. M. Ekanayake
State Based Determinants Of Inward Fdi Flow In The Us Economy, Lucyna Kornecki, E. M. Ekanayake
Accounting, Economics, Finance, and Information Sciences - Daytona Beach
Inward foreign direct investment (FDI) represents an integral part of the US economy. The flow of international capital has been a key factor expanding economy. The inward US FDI constitutes important factor contributing to output growth in the US economy. This paper investigates factors affecting the inward FDI flow among fifty states of the United States. The analysis uses annual data for the period from 1997 to 2007. The study identifies several state-specific determinants of FDI and investigates the changes in their importance during the study period. Our results show that among the major determinants, the real per capita income, …