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Italian wine is one of the most famous products worldwide and yet very little is known about the main determinants of … its price, especially on the domestic market.In this article we show the main determinants of price for Italian red wine … considered, our dataset contains several characteristic such as the price by retail channel (price in supermarkets and in wine …
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We use a unique dataset to estimate the hedonic price function for Italian red wine sold on the Italian market in the … retail channel (price in supermarkets and in wine shops), label characteristics, chemical analysis, sensorial characteristics … on price and through time. The analysis shows that the price mainly depends on the label characteristics of the wine sold …
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We investigate the relationship between external quality evaluation via experts, firm reputation and product prices and extend the existing empirical literature in three dimensions. First, we empirically account for endogenous reputation effects. An increase in quality has an immediate positive...
Persistent link: https://www.econbiz.de/10011987919
prices are used instead of the prices recommended in foreign wine guides, such as Halliday in Australia and the Guia de Vinos … prices of wines considering the following attributes: producing country, vintage, variety of grape used in the wine making … in the fine wine trade in Brazil.The main objective of this work is to identify if attributes like vintage, producer …
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