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Región y sociedad
versão On-line ISSN 2448-4849versão impressa ISSN 1870-3925
Resumo
MARTINEZ SIDON, Gilberto; GONZALEZ AVILA, María Eugenia; VASQUEZ GALAN, Belem Iliana e CORRALES CORRALES, Salvador. Economic and Environmental Determinants of Beer Demand in Mexico. Región y sociedad [online]. 2023, vol.35, e1749. Epub 04-Dez-2023. ISSN 2448-4849. https://doi.org/10.22198/rys2023/35/1749.
Objective: to identify and analyze the economic and environmental determinants of the demand for beer in Mexico in the period 2013-2020. Methodology: A dynamic regression model was used to obtain the short- and long-term elasticities of demand, including economic and environmental issues, as well as a dummy to refer to the COVID-19 pandemic. Results: the demand was elastic to the price (‒2.36) and income (5.04) in the short- and long-term. It is suggested that as the temperature increases, the demand also increases. The COVID-19 crisis caused a decrease in consumption. Value: The results contribute with suitable information to argue that a fiscal policy should be set up to reduce beer consumption. Limitations: Regionalization by temperatures should be taken with caution, since the temperature can vary or be very similar even between regions. Conclusions: Demand for beer related to the study period was elastic to price and consumers’ income, the latter being the factor that has the greatest impact on consumption.
Palavras-chave : beer; demand; elasticity; temperature; COVID-19.