The impact of the wine industry on hotels and restaurants in Walla Walla
AbstractWalla Walla enjoys the fastest growing wine industry in the State of Washington, if not in the whole U.S. This paper examines the impact of this extraordinary growth on the revenue of regional hotels and restaurants. Employing a dynamic quarterly panel model at the county level we show that the regional reputation as high quality wine county, as expressed by critical wine points in the national wine press, has a significant effect on the tourism industry. Less than 17% of all restaurant and approximately 40% of all hotel revenue is tied to the wine cluster (2007). However, regional reputation is short-living and needs to be constantly re-earned.
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Bibliographic InfoPaper provided by American Association of Wine Economists in its series Working Papers with number 37358.
Date of creation: Jun 2008
Date of revision:
wine quality; wine tourism; regional development; dynamic panel; regional economics; Agricultural and Food Policy; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-11-18 (Agricultural Economics)
- NEP-ALL-2008-11-18 (All new papers)
- NEP-TUR-2008-11-18 (Tourism Economics)
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