We present a quantitative evaluation of welfare losses stemming from beer and low malt beer taxation. For evaluating economic welfare, we build a standard model of consumers' utility maximization. In ...

In Japan, beer is one of the most widely consumed ... Tanrei Green Label is a rich, crisp beer with a low malt ratio that is ...

breweries in Japan lost a major sales outlet for their beer products. At the same time, as more consumers drank at home, the cheaper third-category beverages that do not use malt surged in sales ...