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Socioeconomic Factors and the Consumption of Wine in Tenerife AgEcon
Perez, G. Guirao; Fernandez, V. Cano; Yurda, M.I. Lopez; Donate, M.C. Rodriguez.
In this paper we measure the impact of an individual's socioeconomic conditions on the decision to consume wine in a traditionally wine-producing area. Based on the data obtained in an exhaustive survey on wine consumption and through discrete choice models, we assess the changes which come about in the decisions to consume the different types of wine under consideration, and we obtain the most relevant distinctive and differentiated characteristics for each one of them.
Tipo: Conference Paper or Presentation Palavras-chave: Wine consumption; Socioeconomic characteristics; Discrete choice models; Food Consumption/Nutrition/Food Safety.
Ano: 2002 URL: http://purl.umn.edu/24798
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THE WINE MARKET IN JAPAN: MARKET COMPETITION AMONG EXPORTING COUNTRIES AND THE STRATEGY OF US WINE AgEcon
Arahata, Katsumi.
The purpose of this paper is to examine the structure of wine consumption in the Japanese market, focusing on the consumption in households. Considering various tendencies of Japanese eating and drinking habits nowadays related to wine consumption, the model was built and empirically estimated. The data to be investigated was household's data from the past twenty-seven years of official statistics. It was found that Japanese households show high income elasticity for wine demand. The strategy to prioritize department store distribution was demonstrated to be effective due to the fact that wine consumption in the high income class is steadily high, while the sensitivity to income and compatibility of foods is higher in middle income classes. However, the...
Tipo: Conference Paper or Presentation Palavras-chave: Wine consumption; Compatibility of foods with wine; Price elasticity; Income elasticity; Influence of recession; International Relations/Trade; Q110; Q130.
Ano: 2004 URL: http://purl.umn.edu/20296
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Effects of Information and Country of Origin On Chinese Consumer Preferences for Wine: An Experimental Approach in the Field AgEcon
Wang, Hainan; McCluskey, Jill J..
Wine is a product whose value largely depends on the reputation associated with its region of production. China is a newcomer and latecomer to wine production and consumption. Wine consumption, especially imported wine, rarely exists outside of major urban areas. Therefore, understanding the Chinese local markets and consumer preference for wine products is important for foreign wine producers. WTP (Willingness-to-Pay), in economics, is the maximum amount a person would be willing to pay for a good, which is a useful tool to address consumers’ preference. In our study, we investigate the effects of information and origin of production on Chinese consumers’ WTP for wine. By using a second-price sealed-bid auction mechanism, which was first developed by...
Tipo: Thesis or Dissertation Palavras-chave: Wine consumption; Willingness-to-pay; Second price auction; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/61330
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STUDY OF YOUNG PEOPLE’S WINE CONSUMPTION HABITS AT THE CORVINUS UNIVERSITY OF BUDAPEST AgEcon
Farkas, Agnes.
The Hungarian wine market has been undergoing continuous transformation, one of the principal reasons of which is Hungary’s European Union membership since 2004. The main disadvantage coming from the membership is that foreign wines are no longer rare curiosities but they are present to an extent that they disturb the market and constitute significant competition (in addition to the substituent products of the wine) for the domestic wines. The current economic crisis may also present various risks to the industry, such as a drop in consumption or the increase in the consumption of foreign wines with a good price/benefit ratio. Since I consider it important to preserve the market dominance of the Hungarian wines in the domestic market, I did not address the...
Tipo: Journal Article Palavras-chave: Wine consumption; Import; Substitution product; Marketing mix; Attitude; Crisis; Borfogyasztás; Import; Helyettesítő termékek; Marketingmix; Attitűd; Válság; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/99209
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