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| Registros recuperados: 18 | |
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| Florkowski, Wojciech J.; Carew, Richard; He, Senhui. |
| Italian wines have been enjoyed by Canadian consumers for decades and the consumption is not limited to the ethnic Italian population. The study examines effects of wine characteristics and the brand associated with the designation of geographic origin estimating five hedonic price equations for Barbaresco; Barbera; Veneto (Valpolicella, Amarone and Reecioto); Soave; and, Chianti and uses weekly sales data from British Columbia retail outlets. Results indicate that, in general, a premium was paid for higher alcohol content, but the effects of individual brands within each area of origin varied and the range of price premia and discounts was from 14% to -12% suggesting that small price changes with regard to the baseline wine price could affect purchase. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hedonic pricing; Appellation; Objective characteristics; Demand and Price Analysis. |
| Ano: 2008 |
URL: http://purl.umn.edu/44403 |
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| Cotteleer, Geerte; Peerlings, Jack H.M.. |
| In highly industrialized areas open spaces such as farmland and nature are under pressure since urban areas are expanding at their expense. Because of the high opportunity costs of development in urban areas, a high price has to be paid for the maintenance or creation of open space. The question is if this high price can be justified by the value of the open space. We estimate the value residents attach to surrounding open space in a hedonic pricing model. More specifically, we investigate in a highly urbanized area in the Netherlands how the externalities of farmland, nature, and other uses, such as industrial areas and the sea affect residential property prices. Moreover, spatial lag and error dependence are corrected for in the hedonic pricing model... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hedonic pricing; Spatial econometrics; Externalities; Land Economics/Use. |
| Ano: 2008 |
URL: http://purl.umn.edu/43950 |
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| Elad, Renata L.; Clifton, Ivery D.; Epperson, James E.. |
| Farmland offered for its productive or consumptive value may be viewed as a class of goods characteristic of product differentiation. Using the generalized Box-Cox transformation, an unrestricted hedonic model was employed to derive implicit valuations of parcel attributes. Results suggest that the significance and level of importance of attributes on land pricing depends on the spatial extent of markets in Georgia. Differences in the productive or consumptive use of farmland may imply that different factors and functional forms are appropriate to different farmland markets. |
| Tipo: Journal Article |
Palavras-chave: Farmland prices; Functional form; Hedonic pricing; Land Economics/Use. |
| Ano: 1994 |
URL: http://purl.umn.edu/15179 |
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| Vickner, Steven S.; Koch, Stephen I.. |
| Building on the 1997 work of Chezum and Wimmer, and the 1998 work of Lansford, Freeman, Topliff, and Walker, we estimated a hedonic hammer price model on a random and representative sample of 212 yearlings from the 1999 Keeneland September Yearling Sale. Explanatory variables representing day of sale, age of yearling, stud fee, racing performance of sire and dam, geographic origin of yearling, and yearling health information were statistically significant. In each model, we failed to reject the null hypothesis of no adverse selection; sellers who breed and race horses did not receive a statistically significant price penalty on their yearlings sold in this auction, compared to sellers who just breed horses. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Equine; Hedonic pricing; Information; Price discovery; Thoroughbred yearlings; Livestock Production/Industries. |
| Ano: 2001 |
URL: http://purl.umn.edu/14693 |
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| Dutton, Jennifer M.; Ward, Clement E.; Lusk, Jayson L.. |
| Consumers reveal preferences for fresh beef attributes through their retail beef purchases. Hedonic pricing methods were used to estimate the value consumers place on observable characteristics of fresh beef products, especially on retail beef brands. Primary data were collected from 65 randomly generated grocery stores located in three metropolitan areas, Oklahoma City and Tulsa, Oklahoma, and Denver, Colorado. Retail beef package data were collected on 462 ground products, 175 roast products, and 756 steak products. There was some evidence retail beef brands command a price premium compared with unbranded, generic products. In this study, branding programs classified as “special” (i.e. no antibiotics, no hormones, all natural) offered the largest price... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Beef; Hedonic pricing; Marketing; Retail beef brands; Retail prices. |
| Ano: 2007 |
URL: http://purl.umn.edu/37571 |
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| Adelaja, Adesoji O.; Chaudhuri, Malika. |
| The distribution of lot sizes and associated improvements affect property values. Hence, zoning affects municipal property tax revenues. If optimal lot size is inconsistent with the targeted zoning density in a community, municipal revenue can be increased through zoning change. This paper theoretically derives the optimal lot size that maximizes tax revenues as a function of the elasticities of improvement value and lot size prices with respect to density, and the elasticities of land and improvement demand with respect to lot size. Empirical hedonic pricing model estimates for a Michigan Community suggest that the optimal lot size for recently sold property is lower than current zoning on existing properties. The possibility that municipal revenue can... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Optimal lot-size; Municipal revenue maximization; Zoning; Hedonic pricing; Financial Economics. |
| Ano: 2007 |
URL: http://purl.umn.edu/9779 |
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| Yoo, Veronica; Florkowski, Wojciech J.; Carew, Richard. |
| We examine British Columbia (BC) wine consumers’ valuation of wine imported from emerging suppliers (Argentina, Bulgaria, Chile, Croatia and Hungary) through the estimation of a hedonic price function. Retail sales data employed in this study comes from the BC Liquor Distribution Branch and covers weekly sales of table wine that was imported from all five countries into the province of British Columbia. The results indicate that the grape variety is an important factor influencing consumers’ willingness to pay. In particular, white and red wines from Chile are associated with larger price premia while wines from Argentina command a premium only among red wines. Wines from Bulgaria, Croatia and Hungary, although sold in large quantities in the BC market,... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hedonic pricing; Objective characteristics; New World countries; Wine; Consumer/Household Economics; Demand and Price Analysis. |
| Ano: 2011 |
URL: http://purl.umn.edu/103699 |
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| Taylor, Mykel R.; Dhuyvetter, Kevin C.; Kastens, Terry L.; Douthit, Megan; Marsh, Thomas L.. |
| This study estimates the price determinants of show quality quarter horses sold at auction. Several characteristics including genetic and physical traits, quality of pedigree, and performance record of the horse, as well as the horse's offspring, were found to significantly impact selling price. Sale order positively affected price and appears to be driven by buyers rather than intentional ordering of the horses. A common practice at horse auctions is for the seller to reject the final bid offered and buy back the horse. Model-predicted prices for these buy-back horses indicate they are not undervalued by the final bids, based on their characteristics. |
| Tipo: Journal Article |
Palavras-chave: Auction; Equine; Hedonic pricing; Quarter horses; Demand and Price Analysis. |
| Ano: 2006 |
URL: http://purl.umn.edu/8631 |
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| Pyykkonen, Perttu. |
| The purpose of the study was to find out the factors affecting farmland prices in Finland. A hedonic pricing model that takes into account the presence of spatial dependence was applied for a very large sales price data (6 281 observations). The results confirmed the importance of land quality and the structural change as determinants of land price. In addition, off-farm job possibilities seemed to have a significant role in determining land prices. The effect of government payments on land prices was also clear, even though the support does not explain very much of the differences in land prices between regions. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land prices; Hedonic pricing; Spatial econometrics; Land Economics/Use; Q11. |
| Ano: 2005 |
URL: http://purl.umn.edu/24541 |
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| Registros recuperados: 18 | |
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