Factors Influencing Competitiveness in the Global Beer Trade

Török, Áron; Szerletics, Ákos; Jantyik, Lili

doi:10.3390/su12155957

Cited by 25 publications

(21 citation statements)

References 39 publications

(58 reference statements)

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“…The presented results are in compliance with former studies [9,27,[30][31][32][37][38][39][40][41], which identified and described similar factors influencing the expansion of craft beer in different countries, however, there are differences because of the diverse history of the countries, levels of income, regional differences, a tradition of drinking beer and its substitutes. Thanks to the gained data we have identified some of the reasons that influence the expansion of craft beer in the Czech Republic as stated above.…”

Section: Discussionsupporting

confidence: 91%

Beer Industry in the Czech Republic: Reasons for Founding a Craft Brewery

Březinová

2021

Sustainability

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The goal of this article is to evaluate the evolution of the brewing industry in the Czech Republic with an emphasis on the phenomenon of craft-brewery development. It deals with the influence of globalization on the structure of the Czech beer market and the rise of craft-breweries between 2000 and 2019. The main outputs come from research where a representative sample of 48 craft breweries was questioned from the Czech Republic. The result is the identification of the main factors influencing the increase of craft-breweries (legislation changes enabling entrepreneurship, increase of purchasing power of consumers, increase in demand for different beer styles, craft beers and specials, change of consumer behavior) but also the challenges that prevent their further expansion (lack of qualified brewers, complicated administration). The main motive for founding a craft brewery is an effort to improve beer culture in the Czech Republic and the ever-increasing demand for diversified beer (as opposed to the demand for the so-called euro-beers) and a good business opportunity stemming from this, which has been attracting more and more investors into this field.

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Section: Discussionsupporting

confidence: 91%

Beer Industry in the Czech Republic: Reasons for Founding a Craft Brewery

Březinová

2021

Sustainability

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“…Survival chances of 97% at the start of the period fell to 0% by 2018, implying stiff competition in the tea trade of the selected countries. Similar results also found regarding the European ham trade (Török and Jámbor, 2016) and global beer trade (Török et al, 2020). However, standard deviations of the RSCA indices over the whole study period are quite high (0.609) for Bangladesh, suggesting variation from year to year, and they seem to remain relatively unstable over the entire period.…”

Section: Comparative Advantage Of Tea Exportsupporting

confidence: 82%

“…Results indicated that low value of RCA implying the comparative advantage of Indonesia still needs to be improved because of losing opportunities to be able to trade with other countries. Török et al (2020) revealed that the level of comparative advantage of beer has substantially changed over three decades due to per capita beer production and consumption, the number of beers with geographical indications, and European Union (EU) membership. Likewise, Török and Jámbor (2016) reported that quality of production area and EU accession affect the competitiveness for ham trade of Europe.…”

Section: Export Competitiveness Of Tea and Other Agricultural Productsmentioning

confidence: 99%

Tea export competitiveness and the nexus between tea export and economic growth: The cases of Bangladesh, India and Sri Lanka

Islam¹,

Ema²,

Chakrobortty³

et al. 2021

Stud. Agr. Econ.

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Tea export competitiveness and the nexus between tea export and economic growth: The cases of Bangladesh, India and Sri Lanka Long since the end of the British India regime, Bangladesh, India, and Sri Lanka have produced a signifi cant volume of tea which continues to bring them invaluable foreign currency earnings through exports. Our paper explores the tea export competitiveness of these countries by employing the Revealed Symmetric Comparative Advantage (RSCA) index, and analyses the nexus between tea export and economic growth over the period from 1980 to 2018 using several dynamic econometric approaches. Results suggest that Bangladesh has lost its tea export competitiveness over the last decade. India posted moderate performance, while Sri Lanka consistently kept its dominant position. Further, the Johansen Cointegration test outcomes report no long-run relationship between tea export and economic growth across all the countries. The Granger Causality outcomes illustrate that only in Sri Lanka is it the case that tea export causes short-run economic growth. Lastly, the impulse response function projects tea export and economic growth, taking into consideration the response of each to a shock from the other. Extrapolation from the results indicate that, in contrast to the cases of Bangladesh and India (where no direct relationship was found), tea export and economic growth are intimately interconnected in Sri Lanka. This article further recommends eff ective policies so that economic growth in these countries can remain steady and that their tea industries can thrive.

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“…Between 2008 and 2017, Namibia had the best comparative advantages in beer trade, followed by Jamaica, Mexico, Kenya, Serbia, Portugal and the Netherlands. The biggest beer exporters (Mexico and Netherlands in particular) also had comparative advantages [1,2]. In 2018, the Czech Republic, Austria, Germany, Romania and Poland had the highest per capita beer consumption rate globally [3].…”

Section: Introduction 1introductionmentioning

confidence: 99%

What Are the Reasons Behind the Economic Performance of the Hungarian Beer Industry? The Case of the Hungarian Microbreweries

2021

Self Cite

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In terms of absolute alcohol consumption and total quantity consumed, beer is the most consumed alcoholic beverage in Hungary. The Hungarian beer industry is highly concentrated, the three largest, foreign-owned companies ruled the market for almost 90% of total turnover in 2009–2017. The study investigates the factors influencing the Hungarian beer industry’s economic performance, special attention given to the microbreweries. The analysis applied panel-data linear models for the period of 2009–2017. The financial performance of breweries is represented by companies’ turnover, Earnings Before Interest and Taxes (EBIT) and profit along with explanatory variables of the age of brewery, Social Media activity, geographical location, direct sales, and impact of tax reduction. Breweries with direct sales channels reached significantly higher sales, EBIT and profit. Breweries situated in or close to the capital are the most profitable due to the higher demand for high-quality beer, in contrast, the distance from the capital had a negative impact on the firms’ performance. The Social Media activity–often used as the only promotion channel for the microbrewery–positively impacts the brewery’s profitability. Finally, tax reduction for small breweries introduced in 2012 had the most significant positive influence on the industry.

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Factors Influencing Competitiveness in the Global Beer Trade

Cited by 25 publications

References 39 publications

Beer Industry in the Czech Republic: Reasons for Founding a Craft Brewery

Beer Industry in the Czech Republic: Reasons for Founding a Craft Brewery

Tea export competitiveness and the nexus between tea export and economic growth: The cases of Bangladesh, India and Sri Lanka

What Are the Reasons Behind the Economic Performance of the Hungarian Beer Industry? The Case of the Hungarian Microbreweries

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