Graduate Thesis Or Dissertation
 

The estimation of sunk costs in the U.S. brewing industry

Public Deposited

Downloadable Content

Download PDF
https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/fj2364418

Descriptions

Attribute NameValues
Creator
Abstract
  • The purpose of this thesis is to provide an estimate of sunk costs in the U.S. brewing industry and analyze the relationships among sunk costs, advertising, and concentration. The estimation procedures involves three steps: (1) estimation of the market value of new and used plant and equipment per barrel of productive capacity, (2) estimation of sunk costs per barrel of productive capacity, and (3) estimation of the total sunk costs of starting a new firm at efficient size. After estimating sunk costs, we investigate the relationships between sunk costs and advertising expenditures and sunk costs and concentration in the U.S. brewing industry. Our Empirical results suggest that sunk costs and advertising expenditures have negative relationship from 1950 to 1975, but have high positive relationship during 1976-2000. Sunk costs and concentration also have high positive correlation from 1950 to 2000 in the U.S. brewing industry.
License
Resource Type
Date Available
Date Issued
Degree Level
Degree Name
Degree Field
Degree Grantor
Commencement Year
Advisor
Academic Affiliation
Non-Academic Affiliation
Subject
Rights Statement
Publisher
Peer Reviewed
Language
Digitization Specifications
  • File scanned at 300 ppi (Monochrome, 8-bit Grayscale) using ScandAll PRO 1.8.1 on a Fi-6670 in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR.
Replaces

Relationships

Parents:

This work has no parents.

In Collection:

Items