Arbeitspapier

The Hedonic Approach to Vineyard Site Selection: Adaptation to Climate Change and Grape Growing in Emerging Markets

This paper shows how the hedonic approach to vineyard site selection can be used in the adaptation of vineyard land to climate change, natural disasters or other exogenous events. The basic idea is that, if the relation between weather and grape quality is known for each grape type in existing growing areas, then it is possible to predict the quality of grapes that would be produced in other locations, or in the same location with a changed climate. This permits the optimization of grape type selection for a location and also provides an indication of the value that a particular planting should produce. The relation of grape quality to the weather is provided for several well-known viticultural areas, including Burgundy, Bordeaux, Rioja, and the Piedmont. An application of the method to a new vineyard area in the Czech Republic following the demise of Communism is used to demonstrate the method.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 10777

Klassifikation
Wirtschaft
Planning Models; Planning Policy
Agricultural R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
Agricultural Policy; Food Policy
Thema
vineyard site
hedonic method
grape growing
climate change

Ereignis
Geistige Schöpfung
(wer)
Ashenfelter, Orley
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Ashenfelter, Orley
  • Institute of Labor Economics (IZA)

Entstanden

  • 2017

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