IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

¿Qué explica el precio del vino? Análisis hedónico del mercado de alta calidad

Listed author(s):
  • Ignacio Benito Amaro
  • Gustavo Ferro

Se establece una relación entre precios de vinos de alta gama y sus determinantes. Se responde a las preguntas ¿Qué explica el precio de los vinos de alta calidad? ¿Cómo influyen en el precio elementos que están (en buena parte, aproximadamente o escasamente) en manos de los productores? Para ello, se construye una base de datos de trece años de los 100 mejores vinos que anualmente selecciona la publicación Wine Spectator. Con ella se estima una regresión de precios hedónicos. Se identifican bodegas, orígenes y un país, cuyos vinos están “sobrevalorados” o “subvalorados” respecto a lo que el modelo indica. We determine a relationship between high quality wines and its drivers. We answer the questions: What variables explain high-quality wine prices? How do certain factors (highly, slightly or scarcely) under control of the suppliers, influence prices? To respond, we build a database with thirteen years of the best 100 wines annually ranked in Wine Spectator magazine. With the database we estimate a hedonic price regression. We also identify wineries, origins and a country whose wines are “overvalued” or “undervalued” with respect to model’s predictions.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 593.

in new window

Length: 38pages
Date of creation: Sep 2016
Handle: RePEc:cem:doctra:593
Contact details of provider: Postal:
Av. Córdoba 374, (C1054AAP) Capital Federal

Phone: (5411) 6314-3000
Fax: (5411) 4314-1654
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cem:doctra:593. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valeria Dowding)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.