Gius M P
Department of Economics, Quinnipiac College, Hamden, Connecticut 06518, USA.
J Stud Alcohol. 1996 Jan;57(1):73-6. doi: 10.15288/jsa.1996.57.73.
The purpose of the present study is to determine the effect that brand-level advertising has on brand-level spirits demand.
Using a panel data set consisting of 16 brands and 14 years of data, a fixed effects model of brand-level spirits demand was estimated.
It was found that own-brand advertising, income, rival-brand price, a time trend and brand loyalty all have a significant effect on brand-level spirits demand.
These results indicate that brand-level spirits advertising results only in brand switching and does not increase the overall size of the market.
本研究旨在确定品牌层面的广告对品牌层面的烈酒需求产生的影响。
利用一个由16个品牌和14年数据组成的面板数据集,估计了品牌层面的烈酒需求固定效应模型。
发现自有品牌广告、收入、竞争品牌价格、时间趋势和品牌忠诚度均对品牌层面的烈酒需求有显著影响。
这些结果表明,品牌层面的烈酒广告仅导致品牌转换,并未增加市场的整体规模。