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Hedonic Modelling for Australian Wine

Author

Listed:
  • Davis, Tim
  • Ahmadi-Esfahani, Fredoun Z.

Abstract

The Australian wine industry has been under the pressure of oversupply for many years. Export promotion appears to potentially serve as an effective strategy to partially address this problem. An Hedonic price function is employed to estimate premia and discounts for various varieties, regions and vintages of Australian wine, within the US retail market. Some preliminary results are presented. These results may be used to develop an optimal allocation of Australian wine to various overseas and domestic markets.

Suggested Citation

  • Davis, Tim & Ahmadi-Esfahani, Fredoun Z., 2005. "Hedonic Modelling for Australian Wine," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137835, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare05:137835
    DOI: 10.22004/ag.econ.137835
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    Citations

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    Cited by:

    1. M. Laura Donnet & Dave D. Weatherspoon & John P. Hoehn, 2008. "Price determinants in top‐quality e‐auctioned specialty coffees," Agricultural Economics, International Association of Agricultural Economists, vol. 38(3), pages 267-276, May.
    2. repec:ags:aare05:139340 is not listed on IDEAS
    3. Davis, Tim & Ahmadi-Esfahani, Fredoun Z., 2006. "Disequilibrium in the Australian wine industry: A product diversity approach," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 174094, Australian Agricultural and Resource Economics Society.
    4. García Arancibia, Rodrigo & Rossini, Gustavo & Depetris Guiguet, Edith, 2015. "Wine Label Descriptors and Shelf Price Paid by Argentine Consumers," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 16(2), pages 1-17.

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