Title
MARKET SHARE INSTABILITY: AND THE LEVEL OF DEMAND IN THE CIGARETTE AND BEER INDUSTRIES,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
This book analyzes demand and market share instability in both the cigarette and beer industries. The demand specifications focus on advertising expenditures, product price, income, and policy effects, while the market share instability specifications include advertising intensity, import intensity, two measures of market concentration, capital intensity, and the level of demand. U.S. data is used for the U.S. for the time period 19631996 for cigarettes, and 19532000 for beer. Although previous studies have focused on panel data sets for a large number of manufacturing industries when discussing market share instability, this thesis focuses on time series data for beer and cigarettes. Our demand results are consistent with the literature in that both beer and cigarettes are normal goods and have downward sloping demand curves. As for market share instability, an increase in the level of demand decreases market share instability for cigarettes, while the opposite holds true for beer.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.