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  • The goal of this paper is to explain the differences in prices of beer in the hospitality sector in Europe. Using cross-section data for 27 European countries, the paper finds that a rise in labor costs and a reduction in on-trade per capita consumption and number of beers served per employee in the hospitality sector increases the price of beer and the value added in the hospitality sector. Moreover, these variables explain a large proportion of the variance in prices and the value added in the European data. The empirical results are consistent with the predictions of an extension of the Salop circular city model, which is used as a model of beer consumption in the hospitality sector.
  • The goal of this paper is to explain the differences in prices of beer in the hospitality sector in Europe. Using cross-section data for 27 European countries, the paper finds that a rise in labor costs and a reduction in on-trade per capita consumption and number of beers served per employee in the hospitality sector increases the price of beer and the value added in the hospitality sector. Moreover, these variables explain a large proportion of the variance in prices and the value added in the European data. The empirical results are consistent with the predictions of an extension of the Salop circular city model, which is used as a model of beer consumption in the hospitality sector. (en)
Title
  • Explaining the differences in on-trade prices of beer in Europe
  • Explaining the differences in on-trade prices of beer in Europe (en)
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  • Explaining the differences in on-trade prices of beer in Europe
  • Explaining the differences in on-trade prices of beer in Europe (en)
skos:notation
  • RIV/00216224:14560/13:00074748!RIV15-MSM-14560___
http://linked.open...avai/riv/aktivita
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  • 74281
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  • RIV/00216224:14560/13:00074748
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  • price draft beer circular city Salop Europe (en)
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http://linked.open...ontrolniKodProRIV
  • [F5D8C04FD385]
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  • Jihlava
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  • Jihlava
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  • Proceedings of the 31st International Conference Mathematical Methods in Economics 2013
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Krčál, Ondřej
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 000335578000076
http://linked.open.../riv/zahajeniAkce
number of pages
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  • College of Polytechnics Jihlava
https://schema.org/isbn
  • 9788087035764
http://localhost/t...ganizacniJednotka
  • 14560
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