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, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … the boycott calls were hurting their U.S. sales. Using a dataset of sales of nearly 4,700 individual wine brands, we show … that there actually was no boycott effect. Rather, sales of French wine dipped for two reasons. First, they experience a …
Persistent link: https://www.econbiz.de/10012776517
Aside from the equilibrium that Hotelling (1931) displayed, his model of non-renewable resources also contains a continuum of bubble equilibria. In all the equilibria the price of the resource rises at the rate of interest. In a bubble equilibrium, however, the consumption of the resource peters...
Persistent link: https://www.econbiz.de/10012776202
particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications …
Persistent link: https://www.econbiz.de/10013224862
a unit of alcohol in beer, in wine and in spirits. This paper provides some new empirical evidence of what effect … consumption results from an increase in spirits taxes, followed by beer taxes and then wine taxes. This suggests that the existing … generally accepted taxation policy of placing the highest tax on spirits, a lower tax on beer, and the lowest tax on wine …
Persistent link: https://www.econbiz.de/10013210638
The French Opposition to the war in Iraq in early 2003, prompted calls for a boycott of French wine in the US. We …
Persistent link: https://www.econbiz.de/10013211695
This paper investigates changes in cultural consumption patterns for a low concentration industry: wine and beer. Using … data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and consumption patterns -- although the relative consumption of wine can be explained well in 1963 by grape production …
Persistent link: https://www.econbiz.de/10013213461
the wine produced. We do this by conducting a hedonic analysis of vineyard sales in the Willamette Valley of Oregon to …
Persistent link: https://www.econbiz.de/10013130554
and 1890, causing major income losses among wine growing families. Because the insects spread slowly from the southern … affected regions were about 1.8 millimeters shorter than others. This estimate implies that children of wine-growing families …
Persistent link: https://www.econbiz.de/10012760385
In this paper we measure the effect of year to year changes in the weather on wine prices and winery revenue in the … Mosel Valley in Germany in order to determine the effect that climate change is likely to have on the income of wine growers …
Persistent link: https://www.econbiz.de/10013142934
A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...
Persistent link: https://www.econbiz.de/10013127977