A HEDONIC PRICE FUNCTION FOR AUSTRALIAN PREMIUM TABLE WINE

被引:151
作者
OCZKOWSKI, E
机构
[1] School of Management, Charles Sturt University, Wagga Wagga, New South Wales, 2678, RO, Box 588, Riverina
来源
AUSTRALIAN JOURNAL OF AGRICULTURAL ECONOMICS | 1994年 / 38卷 / 01期
关键词
D O I
10.1111/j.1467-8489.1994.tb00721.x
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
A hedonic price function, relating the price of Australian wine to its attributes, is estimated. Six attribute groups are found to be statistically important in explaining deviations from average wine prices, i.e., quality, cellaring potential, grape variety/style, grape region, grape vintage and producer size. Various interaction terms between these variables and the impact of the year of marketing are also modelled. The consequent marketing implications for producers and consumers are discussed.
引用
收藏
页码:93 / 110
页数:18
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