Market power estimation in the peruvian brewing industry
type: CreativeWork
description: Peruvian brewing industry provides an interesting case to study the process of concentration that has been running its course in the global brewing industry and thus, it offers an attractive scope for evaluating market power. Following the structure-conduct-performance approach, a nonlinear simultaneous equation model is estimated to measure the degree of market power and to analyse its shifts as the industry undergoes structural changes on a monthly basis (1995-2007). Results suggest that the brewing industry is imperfectly competitive and market’s structural changes are reflected in the market power parameter estimates.
abstract: Peruvian brewing industry provides an interesting case to study the process of concentration that has been running its course in the global brewing industry and thus, it offers an attractive scope for evaluating market power. Following the structure-conduct-performance approach, a nonlinear simultaneous equation model is estimated to measure the degree of market power and to analyse its shifts as the industry undergoes structural changes on a monthly basis (1995-2007). Results suggest that the brewing industry is imperfectly competitive and market’s structural changes are reflected in the market power parameter estimates.
author: Cornejo, Magdalena
language: spa
keywords: Econometría, Estudio de mercado, Industria cervecera -- Perú, Tesis
date published: 2012
date modified: 2026-07-27T21:55:12Z
provider: Universidad Torcuato di Tella
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: Universidad Torcuato Di Tella