| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Demand Under Product Differentiation: An Empirical Analysis of the US Wine Market
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| Autores: |
Davis, Tim
Ahmadi-Esfahani, Fredoun Z.
Iranzo, Susana
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| Data: |
2007-04-11
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| Ano: |
2007
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| Palavras-chave: |
Oversupply
Demand for wine
Product differentiation
Nested logit
Demand and Price Analysis
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| Resumo: |
Oversupply has posed a number of problems for the Australian wine industry in recent times. When disaggregated from the industry level, however, the problem can be better described as a range of attribute-specific disequilibria. To date, solutions to this problem have predominantly revolved around reducing output through crop thinning or vine pulling. This paper proposes a different approach by suggesting that disequilibria may be reduced by gaining a better understanding of the demand for Australian wine. A discrete choice model of product differentiation is used to estimate the demand for wine in the United States, Australia's second largest export market. Implications of the analysis are explored.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
25798
http://purl.umn.edu/10390
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| Editor: |
AgEcon Search
|
| Relação: |
Australian Agricultural and Resource Economics Society - 2007>2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
Conference Paper
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| Formato: |
23
application/pdf
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