The Peruvian beer industry, 1986-1990: an application of Industrial Organization theory

Authors

  • Carlos Carrillo Mora
  • Guillermo Kocnim Chiock

DOI:

https://doi.org/10.21678/apuntes.34.392

Keywords:

Peru, brewery, oligopolies

Abstract

This article tries to define the particular market structure for the Peruvian beer industry between 1986 and 1990, using the theory of industrial organization. This theory takes into account a set of more realistic assumptions to explain the market structure than these models analyzed by classic microeconomics, such as the absence of perfect information, transaction costs, market share and barriers to entry. The application of this theory will allow us to conclude that the oligopoly model is an efficient market structure for the national beer industry.

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Published

1994-11-13

Issue

Apuntes 34

Section

Articles

License

Apuntes publishes all its articles and reviews under a Creative Commons Attribution (CC BY 4.0) license with the objective of promoting academic exchange worldwide. Therefore, articles and book reviews can be distributed, edited, amended, etc., as the author sees fit. The only condition is that the name of the author(s) and Apuntes. Revista de Ciencias Sociales (as the publisher) be cited.

How to Cite

Carrillo Mora, C., & Kocnim Chiock, G. (1994). The Peruvian beer industry, 1986-1990: an application of Industrial Organization theory. Apuntes. Social Sciences Journal, 34, 51-63. https://doi.org/10.21678/apuntes.34.392