IDEAS home Printed from https://ideas.repec.org/a/cup/jwecon/v5y2010i02p219-235_00.html
   My bibliography  Save this article

Estimating the Supply Elasticity of California Wine Grapes Using Regional Systems of Equations

Author

Listed:
  • Volpe, Richard
  • Green, Richard
  • Heien, Dale
  • Howitt, Richard

Abstract

This article is the first of its kind to estimate econometrically the supply elasticity of California wine grapes. Wine grapes constitute the single largest crop in the state of California in terms of total receipts. Allowing for the dynamic adjustments of quasi-fixed inputs, we estimate simultaneous systems of equations for California's four major wine grape growing regions and eight of the most widely grown varieties. We find that California wine grape production is, on the whole, inelastic with respect to prices received. The variety showing the most price responsiveness is Chardonnay. There appears to be no significant difference in price responsiveness between the coastal and inland growing regions, or between red and white grape varieties. (JEL Classification: Qll, Q13, R14)

Suggested Citation

  • Volpe, Richard & Green, Richard & Heien, Dale & Howitt, Richard, 2010. "Estimating the Supply Elasticity of California Wine Grapes Using Regional Systems of Equations," Journal of Wine Economics, Cambridge University Press, vol. 5(2), pages 219-235, April.
  • Handle: RePEc:cup:jwecon:v:5:y:2010:i:02:p:219-235_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1931436100000924/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José M. Rodríguez-Flores & Jorge A. Valero Fandiño & Spencer A. Cole & Keyvan Malek & Tina Karimi & Harrison B. Zeff & Patrick M. Reed & Alvar Escriva-Bou & Josué Medellín-Azuara, 2022. "Global Sensitivity Analysis of a Coupled Hydro-Economic Model and Groundwater Restriction Assessment," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(15), pages 6115-6130, December.
    2. Rickard, Bradley J. & Gergaud, Olivier & Ho, Shuay-Tsyr & Hu, Wenjing, 2014. "Trade Liberalization In The Presence Of Domestic Regulations: Impacts Of The Proposed Eu-U.S. Free Trade Agreement On Wine Markets," Working Papers 190670, American Association of Wine Economists.
    3. Alston, Julian M. & Fuller, Kate B. & Kaplan, Jonathan D. & Tumber, Kabir P., 2013. "Economic Consequences of Pierce’s Disease and Related Policy in the California Winegrape Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), pages 1-29, August.
    4. Sambucci, Olena & Alston, Julian M., 2017. "Estimating the Value of California Wine Grapes," Journal of Wine Economics, Cambridge University Press, vol. 12(2), pages 149-160, May.
    5. Nahanga Verter & Lea Hasíková, 2019. "The Performance of Grape Production in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(1), pages 333-342.

    More about this item

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jwecon:v:5:y:2010:i:02:p:219-235_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/jwe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.