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

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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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    File URL: http://polis.unipmn.it/pubbl/RePEc/uca/ucapdv/zanola118.pdf
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    References listed on IDEAS

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    1. G¬łnter Schamel & Kym Anderson, 2003. "Wine Quality and Varietal, Regional and Winery Reputations: Hedonic Prices for Australia and New Zealand," The Economic Record, The Economic Society of Australia, vol. 79(246), pages 357-369, September.
    2. 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.
    3. Jones, Gregory V. & Storchmann, Karl-Heinz, 2001. "Wine market prices and investment under uncertainty: an econometric model for Bordeaux Crus Classes," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 26(2), November.
    4. Oczkowski, Edward, 2001. "Hedonic Wine Price Functions and Measurement Error," The Economic Record, The Economic Society of Australia, vol. 77(239), pages 374-382, December.
    5. Byron, R P & Ashenfelter, Orley, 1995. "Predicting the Quality of an Unborn Grange," The Economic Record, The Economic Society of Australia, vol. 71(212), pages 40-53, March.
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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.

    More about this item

    Keywords

    hedonic; wine; variety; blend; authocthon;

    JEL classification:

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

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