Journal Article

Seasonal U.S. Beer Demand: Socio-economic Determinants and Relation with other Products

Authors

  • Rajeev Goel
  • James W. Saunoris
Publication Date

This article employs quarterly U.S. state-level data from 2009 to 2015 to estimate the demand for beer. Other contributions of this work involve the incorporation of demographic factors and wine prices. Results show beer demand to be inelastic, and beer and wine to be substitutes. Further, males, whites, and blacks were, ceteris paribus, likely to have greater beer demand. The income effects, however, were mixed, showing some support for beer being a normal good.

Info

JEL Classification
D12, L66
DOI
10.1080/13504851.2017.1388907

Key Words

  • Beer demand
  • demographic effects
  • economic prosperity
  • elasticity
  • wine

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