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Autochthon vs. blended wines: Do objective and sensory characteristics matter?

Author

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  • Pavese, Piermassimo
  • Zanola, Roberto

Abstract

There are many types of wines. Wine may be classified as traditional such as Barbaresco or Barolo (among the others), or international, such as the case of Merlot, Sauvignon, etc. Do objective and sensory characteristics impact di?erently on prices according to the wine variety? Using a sample of 3,660 observations, an hedonic technique is applied to investigate this question.

Suggested Citation

  • Pavese, Piermassimo & Zanola, Roberto, 2008. "Autochthon vs. blended wines: Do objective and sensory characteristics matter?," POLIS Working Papers 107, Institute of Public Policy and Public Choice - POLIS.
    • Handle: RePEc:uca:ucapdv:107
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    References listed on IDEAS

    as
    1. Edward Oczkowski, 1994. "A Hedonic Price Function For Australian Premium Table Wine," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 38(1), pages 93-110, April.
    2. repec:bla:ecorec:v:77:y:2001:i:239:p:374-82 is not listed on IDEAS
    3. Günter Schamel & Kym Anderson, 2019. "Wine Quality and Varietal, Regional and Winery Reputations: Hedonic Prices for Australia and New Zealand," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 10, pages 225-253, World Scientific Publishing Co. Pte. Ltd..
    4. Jones, Gregory V. & Storchmann, Karl-Heinz, 2001. "Wine market prices and investment under uncertainty: an econometric model for Bordeaux Crus Classes," Agricultural Economics, Blackwell, vol. 26(2), pages 115-133, November.
    5. Lecocq, Sébastien & Visser, Michael, 2006. "What Determines Wine Prices: Objective vs. Sensory Characteristics," Journal of Wine Economics, Cambridge University Press, vol. 1(1), pages 42-56, April.
    6. repec:bla:ecorec:v:71:y:1995:i:212:p:40-53 is not listed on IDEAS
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    Cited by:

    1. Bondonio, Daniele, 2009. "Impact identification strategies for evaluating business incentive programs," POLIS Working Papers 129, Institute of Public Policy and Public Choice - POLIS.
    2. Piero Cavaleri & Michael Keren & Giovanni B. Ramello & Vittorio Valli, 2009. "Publishing an E-Journal on a Shoe String: Is It a Sustainable Project?," Economic Analysis and Policy, Elsevier, vol. 39(1), pages 89-101, March.

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    More about this item

    Keywords

    hedonic; wine; variety; blend; authocthon;
    All these keywords.

    JEL classification:

    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other

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