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The shock of lockdown on the spending on wine in the Iberian market: the effects of procurement and consumption patterns

Author

Listed:
  • Ra�l Comp�s

    (Universitat Polit�cnica de Val�ncia)

  • Samuel Faria

    (University of Tr�s-os-Montes and Alto Douro (UTAD))

  • T�nia Gon�alves

    (University of Tr�s-os-Montes and Alto Douro (UTAD))

  • Vicente Pinilla

    (University of Zaragoza)

  • Jo�o Rebelo

    (University of Tr�s-os-Montes and Alto Douro (UTAD))

  • Katrin Sim�n-Elorz

    (Universidad P�blica de Navarra)

Abstract

This study aims to provide a better understanding of the behaviour of wine consumers the forced lockdown due to the Covid-19 pandemic. It seeks to explain consumer decisions and the probability of changes occurring in wine expenditure compared to a normal situation. The empirical analysis consists in the application of a multinomial logit model, setting the �usual� pattern of expenditure as a baseline category. The results show that the coronavirus pandemic could have changed alcohol drinking habits. Consumers generally spent less on wine during the lockdown, maybe due to the uncertainty regarding their future income and professional situation.

Suggested Citation

  • Ra�l Comp�s & Samuel Faria & T�nia Gon�alves & Vicente Pinilla & Jo�o Rebelo & Katrin Sim�n-Elorz, 2021. "The shock of lockdown on the spending on wine in the Iberian market: the effects of procurement and consumption patterns," Documentos de Trabajo dt2021-04, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    • Handle: RePEc:zar:wpaper:dt2021-04
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    Cited by:

    1. Inmaculada Carrasco & Juan Sebastián Castillo-Valero & Marcos Carchano & Carmen Córcoles, 2023. "Recent evolution of wine exports in a turbulence period: a multiregional input–output analysis," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 11(1), pages 1-22, December.
    2. Katrin Simón-Elorz & Tânia Gonçalves & Raúl Compés & Samuel Faria & Vicente Pinilla & João Rebelo, 2023. "Online Wine Purchasing In Spain And Portugal During The Covid-19 Pandemic," Documentos de Trabajo dt2023-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.

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    More about this item

    Keywords

    consumer behaviour; lockdown; wine price; multinomial logit model;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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