Beer Drinking Nations: The Determinants of Global Beer Consumption
In this paper the evolution of beer consumption is analyzed between countries and over time. Historically, there have been major changes in beer consumption in the world. In recent times, per capita consumption has decreased in traditional â€œbeer drinking nationsâ€ while it increased strongly in emerging economies. Recently, China has overtaken the US as the largest beer economy. A quantitative empirical analysis shows that the relationship between income and beer consumption has an inverse U-shape. URL:[http://www.econ.kuleuven.be/licos/DP/DP2010/DP270.pdf].
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