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Theses and Dissertations--Agricultural Economics

Beer

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Demand System Analysis Of Beer In The U.S. Market, Laxmi Devi Adhikari Jan 2022

Demand System Analysis Of Beer In The U.S. Market, Laxmi Devi Adhikari

Theses and Dissertations--Agricultural Economics

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 …