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Hedonic approach to the determinants of the price of cider

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  • Eric Le Fur
  • Jean-François Outreville

Abstract

In this article, we apply the hedonic approach to the determinants of the price of cider in Quebec province. We examine the impact of production characteristics, the indications provided on the bottle and the taste and visual characteristics. The degree of alcohol, cryofermentation, production area, newest varieties of apples, presence of a cork, perception of sweet sugar, dark and golden aspect have a significant positive impact. The choice of high-quality products is reflected in the premium associated to the price. The analysis has important industrial implications for producers and distributors.

Suggested Citation

  • Eric Le Fur & Jean-François Outreville, 2021. "Hedonic approach to the determinants of the price of cider," Applied Economics Letters, Taylor & Francis Journals, vol. 28(19), pages 1712-1716, November.
    • Handle: RePEc:taf:apeclt:v:28:y:2021:i:19:p:1712-1716
    DOI: 10.1080/13504851.2020.1852162
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    Cited by:

    1. Jacobo Núñez & David Martín‐Barroso & Francisco J. Velázquez, 2024. "The hedonic price model for the wine market: A systematic and comparative review of the literature," Agricultural Economics, International Association of Agricultural Economists, vol. 55(2), pages 247-264, March.

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