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Resale price maintenance: output increasing or restricting? The case of distilled spirits in the United States

Ornstein, S I ; Hanssens, D M

The Journal of industrial economics, 1987-09, Vol.36 (Sep 87), p.1-18 [Periódico revisado por pares]

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Título:
Resale price maintenance: output increasing or restricting? The case of distilled spirits in the United States
Autor: Ornstein, S I ; Hanssens, D M
Assuntos: Alcoholic beverages ; Efficiency ; Retail price maintenance ; Spirits ; USA
É parte de: The Journal of industrial economics, 1987-09, Vol.36 (Sep 87), p.1-18
Notas: ObjectType-Article-1
SourceType-Scholarly Journals-1
content type line 23
ObjectType-Feature-2
Descrição: Tests RPM's welfare effects in the retail sale of distilled spirits in the US. Using regression analysis to estimate demand, comparing liquor store licence values over time, and analysing political contributions, finds that efficiency arguments for RPM are unsupported, with RPM leading to a reduction in distilled spirits consumption. Evidence shows substantial wealth transfers from consumers to retail liquor store owners due to RPM. (Abstract amended)
Idioma: Inglês

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