%0 Journal Article
%T Craft Beer as a Means of Economic Development: An Economic Impact Analysis of the Michigan Value Chain
%A Ashley McFarland
%A J. Robert Sirrine
%A Philip H. Howard
%A Steven R. Miller
%A Trey Malone
%J -
%D 2019
%R https://doi.org/10.3390/beverages5020035
%X Abstract 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. View Full-Tex
%K craft beer
%K local value chain
%K economic contribution analysis
%U https://www.mdpi.com/2306-5710/5/2/35