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The Italian Grappa Market: An Analysis of Consumer Preferences Through Hedonic Price Analysis AgEcon
Koch, Kristian; Onofri, Laura.
This work carries out a hedonic price analysis in the Italian grappa market. We use a dataset composed of around 15.576 observations of retail chain prices (related to transactions taken place in Italy in the period 1997-2004) and product characteristics. We estimate the implicit price of the main product attributes. Results show that particularly bottle format, high alcohol content and brand affect the consumer’s willingness-to-pay for grappa. In particular, the Prime Uve variable presents statistically significant, positive estimated coefficients, with high magnitude, which we interpreted as a “fads and fashion effect”. In addition, we are able to capture consumer taste evolution over time and consumer taste differences in space (different consumer...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 2006 URL: http://purl.umn.edu/6654
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Language Diversity in Urban Landscapes: An Econometric Study AgEcon
Onofri, Laura; Nunes, Paulo A.L.D.; Cenoz, Jasone; Gorter, Durk.
This multidisciplinary study adopts econometric analysis for investigating how different characteristics determine the choice of the language used in the signs of a shopping street. We work with a dataset containing about 200 observations collected in the main shopping streets of the cities of Donostia (Spain) and Ljouwert (The Netherlands). The results corroborate the important assumption that multilingualism and the choice of the language (even in a street sign) is an individual and a social preference. Therefore, understanding individuals’ linguistic preference structures is preliminary to the target and design of proper linguistic and social policies.
Tipo: Working or Discussion Paper Palavras-chave: Linguistic Diversity; Street Sign; Probit Model; Linguistic Landscape; C010; R200; Z130.
Ano: 2008 URL: http://purl.umn.edu/36764
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An Economic Model for Bioprospecting Contracts AgEcon
Ding, Helen; Nunes, Paulo A.L.D.; Onofri, Laura.
This paper explores the use of a micro-economic model to analyse the provisions and parties of bioprospecting contracts. It focuses on the pharmaceutical industry as the representative biodiversity buyer, presenting an original theoretical framework that explains the main contract characteristics or stylised facts. Against this background, it considers the main contractors involved in these private contracts, i.e. biodiversity sellers and biodiversity buyers, analysing both the magnitude and distribution of the respective payoffs. Particular attention is devoted to the different, mixed impacts of bioprospecting contracts and patenting on social welfare. The positive welfare impacts delivered by bioprospecting contracts are associated with the potential...
Tipo: Working or Discussion Paper Palavras-chave: Bioprospecting Contract; Genetic Resource; Biodiversity Buyer; Biodiversity Seller; Patenting; Welfare Analysis; Benefit Sharing; Productivity Analysis; D21; D23; D61; L14; Q57.
Ano: 2007 URL: http://purl.umn.edu/7450
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