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The Economics of Beer (Hardcover)
Loot Price: R1,520
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The Economics of Beer (Hardcover)
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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, but there has been a substantial decline of
beer consumption in traditional markets and a shift to new
products. There is close interaction between governments and
markets in the beer industry. For centuries, taxes on beer or its
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 beer and 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 market developments.
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