Explaining the differences in on-trade prices of beer in Europe

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00074748" target="_blank" >RIV/00216224:14560/13:00074748 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Explaining the differences in on-trade prices of beer in Europe
Original language description
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 consumptionand 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.
Czech name
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Czech description
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Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 31st International Conference Mathematical Methods in Economics 2013
ISBN
9788087035764
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
446-451
Publisher name
College of Polytechnics Jihlava
Place of publication
Jihlava
Event location
Jihlava
Event date
Sep 11, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000335578000076

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