Craft Beer as a Means of Economic Development: An Economic Impact Analysis of the Michigan Value Chain

Details

• Journal Title:
  Beverages
• Personal Author:
  Miller, Steven R. ; Sirrine, J. Robert ; McFarland, Ashley ; Howard, Philip H. ; Malone, Trey
• NOAA Program & Office:
  Sea Grant
• Sea Grant Program:
  MINNU (Minnesota Sea Grant)
• Description:
  While many studies have suggested the beer value chain might be a vehicle for economic growth, few have estimated the economic impacts of craft beer to a geographic region. As such, this study uses modified input/output analysis to identify the economic contributions of instate beer production to the Michigan economy. We find that the beer value chain generated nearly $500 million in Gross State Product in 2016, contributing nearly $1 billion as well as 9738 jobs in total aggregate economic contributions. The results suggest that state governments might generate economic growth by creating a business climate that is conducive to the growth of the instate beer value chain.
• Keywords:
  Food Science
• Source:
  Beverages, 5(2), 35
• DOI:
  https://doi.org/10.3390/beverages5020035
• ISSN:
  2306-5710
• Format:
  PDF
• Publisher:
  MDPI AG
• Document Type:
  Journal Article
• License:
  https://creativecommons.org/licenses/by/4.0/
• Rights Information:
  CC BY
• Compliance:
  Library
• Main Document Checksum:
  urn:sha-512:78c74d337c6738b1266c7d5d813bbdec571ed1e1ee255bfbbd6c2b3960b45d0ce205b272478ef23154d6df8f42a90b19b1fc63be8216d52e8849271a6417e706
• Download URL:
  https://repository.library.noaa.gov/view/noaa/62185/noaa_62185_DS1.pdf
• File Type:
  [PDF - 472.60 KB ]