Research Article

PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES

April 21, 2009
  • T. Parker Ballinger
  • J. Bert Stine
  • Mark A. Thompson
EN TR

PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES

Abstract

This paper examines the time-series properties of price changes among sectors of the U.S. alcoholic beverage industries. Utilizing vector autoregression and impulse response analysis, the pass-through effect between the producer price index and consumer price index is examined for breweries, distilleries, and wineries. The findings suggest that industry-level price changes are stationary with significant pass-through effects in breweries and wineries. The implications are that price shocks are temporary and may transmit onto consumers in the form of higher (or lower) prices. Understanding industry-level price dynamics are important to managers in formulating long-term cost estimates, budget formation, and forecasting price changes in alcoholic beverage industries.

Keywords

Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Authors

T. Parker Ballinger This is me

J. Bert Stine This is me

Mark A. Thompson This is me

Publication Date

April 21, 2009

Submission Date

February 6, 2011

Acceptance Date

-

Published in Issue

Year 2009

APA
Ballinger, T. P., Stine, J. B., & Thompson, M. A. (2009). PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES. Ekonomik Ve Sosyal Araştırmalar Dergisi, 23-38. https://izlik.org/JA36WN74JD
AMA
1.Ballinger TP, Stine JB, Thompson MA. PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES. ESAD. Published online April 1, 2009:23-38. https://izlik.org/JA36WN74JD
Chicago
Ballinger, T. Parker, J. Bert Stine, and Mark A. Thompson. 2009. “PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi, April 1, 23-38. https://izlik.org/JA36WN74JD.
EndNote
Ballinger TP, Stine JB, Thompson MA (April 1, 2009) PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES. Ekonomik ve Sosyal Araştırmalar Dergisi 23–38.
IEEE
[1]T. P. Ballinger, J. B. Stine, and M. A. Thompson, “PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES”, ESAD, pp. 23–38, Apr. 2009, [Online]. Available: https://izlik.org/JA36WN74JD
ISNAD
Ballinger, T. Parker - Stine, J. Bert - Thompson, Mark A. “PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES”. Ekonomik ve Sosyal Araştırmalar Dergisi. April 1, 2009. 23-38. https://izlik.org/JA36WN74JD.
JAMA
1.Ballinger TP, Stine JB, Thompson MA. PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES. ESAD. 2009;:23–38.
MLA
Ballinger, T. Parker, et al. “PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi, Apr. 2009, pp. 23-38, https://izlik.org/JA36WN74JD.
Vancouver
1.T. Parker Ballinger, J. Bert Stine, Mark A. Thompson. PRICE TRANSMISSION AND PASS-THROUGH EFFECT IN U.S. ALCOHOLIC BEVERAGE INDUSTRIES. ESAD [Internet]. 2009 Apr. 1;23-38. Available from: https://izlik.org/JA36WN74JD

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ISSN (Publish) : 1306-2174 ISSN (Electronic) : 1306-3553