Explanatory factors of French retail wine prices

被引:0
作者
Hafner, Christian M. [1 ,2 ,3 ,4 ]
机构
[1] Catholic Univ Louvain, Louvain Inst Data Anal & Modeling LIDAM, Louvain La Neuve, Belgium
[2] Catholic Univ Louvain, ISBA, Louvain La Neuve, Belgium
[3] Catholic Univ Louvain, Louvain Inst Data Anal & Modeling LIDAM, LIDAM, UCLouvain, Voie Roman Pays 20, B-1348 Louvain La Neuve, Belgium
[4] Catholic Univ Louvain, ISBA, LIDAM, UCLouvain, Voie Roman Pays 20, B-1348 Louvain La Neuve, Belgium
关键词
Wine pricing; hedonic regression; organic wines; chemical analysis; BORDEAUX WINE; EQUATION; MARKET;
D O I
10.1080/13504851.2023.2266565
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper contributes to the increasing literature of explaining wine prices by objective and sensorial factors, focusing on the retail sector of French wines sold in Belgian supermarkets. Our main findings are: (1) higher price are associated with higher quality wines, measured via ratings obtained from blind tastings, (2) organic wines attain higher prices than comparable non-organic wines, and (3), the alcohol volume is among the most important factors for explaining prices.
引用
收藏
页码:259 / 262
页数:4
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