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The Demand for Wine in Australia, 1955–1977

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  • A. D. OWEN

Abstract

The consumption of wine in Australia has risen markedly since the mid‐1960s, from an apparent consumption per capita of 5·53 litres in 1965 to 13·04 litres in 1977. A number of factors (both social and economic) have contributed to this rapid growth in consumption which, despite the increases which have occurred, is still low by European standards. This paper presents the results of a study designed to quantify these factors and to establish their relative importance in explaining the demand for wine in Australia since 1955.

Suggested Citation

  • A. D. Owen, 1979. "The Demand for Wine in Australia, 1955–1977," The Economic Record, The Economic Society of Australia, vol. 55(3), pages 230-235, September.
    • Handle: RePEc:bla:ecorec:v:55:y:1979:i:3:p:230-235
    DOI: 10.1111/j.1475-4932.1979.tb02225.x
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    References listed on IDEAS

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    1. Labys, Walter C., 1976. "An International Comparison Of Price And Income Elasticities For Wine Consumption," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-4, April.
    2. Vinod, Hrishikesh D, 1978. "A Survey of Ridge Regression and Related Techniques for Improvements over Ordinary Least Squares," The Review of Economics and Statistics, MIT Press, vol. 60(1), pages 121-131, February.
    3. Walter C. Labys, 1976. "An International Comparison Of Price And Income Elasticities For Wine Consumption," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 33-36, April.
    4. Haitovsky, Yoel, 1969. "Multicollinearity in Regression Analysis: Comment," The Review of Economics and Statistics, MIT Press, vol. 51(4), pages 486-489, November.
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    Cited by:

    1. Lara Agnoli & J. François Outreville, 2021. "Wine Consumption and Culture: A Cross‐Country Analysis," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(3), pages 1101-1124, September.

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