Data/hora: 13/06/2024 01:01:23

Provedor de dados: | 31
País: | United States

Título:

A Hedonic Pricing Model for German Wine

Ein hedonisches Preismodell für Qualitätswein aus Deutschland

Autores: | Schamel,   Guenter.
Data: | 2010-12-15
Ano: | 2003
Palavras-chave: | Wine; Hedonic pricing models; Reputation; Consumer/Household Economics; Demand and Price Analysis; Marketing.
Resumo: | We develop a hedonic pricing model for German quality wine. Quality indicators for 4,141 wines are sensory awards received at the annual German wine competition and the legally required quality category as well as a set of control variables including regional origin, color, style, and their age at the time of judging. The data confirms that sensory quality awards have a significant and positive price impact. Moreover, we estimate significant relative differences between quality categories, growing regions and most of the control variables.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

ISSN 0002-1121

http://purl.umn.edu/97975

Relação: | German Journal of Agricultural Economics&gt; Volume 52, Issue 5, 2003
Formato: | 8