We develop a simple model of the effects of reputation on wine prices. An increasing fraction of consumers who are quot …;naivequot; (less well informed about wine quality) results in a stronger sensitivity of wine prices to ratings of quality. We then use … time. In addition, we find that a change in Parker rating has a stronger effect on price, the stronger is the wine …

restrictions on the importation and marketing of wine produced in the United States. This article analyzes the impact lessening on … United States wine exports to Canada. A demand relation for United States exports to Canada is estimated and then used to …

can be drawn from other successful industries. There is no more spectacular success story in Australia than the wine … segments of the industry were domestically focussed, whereas exports now account for 30 per cent of all wine production … markets abroad, and an autonomous switch by consumers both in Australia and elsewhere towards premium wine (driven in part by …

This study focuses on analysing the economic impact (in value-added terms) generated by Spanish wine exports during the … wine trade and Spanish wine exports have been negatively affected by the recent changes in the analysed period. It is … estimated that the accumulated losses since 2018 as a result of the decrease in the value-added generated by Spanish wine …

Europe is the world's largest wine-producing and wine-exporting region. In recent decades, fostered by the … liberalization of international trade, the European wine industry has witnessed an acceleration in its exports, but this increase has … in wine exports and to discover whether there are cyclical co-movements with the European wine export cycle. This paper …