A Hedonic Pricing Model for German Wine

Abstract: We develop a hedonic pricing model for German quality wine. Quality indicators for 4,141 wines are sensory awards received at the annual German wine competition and the legally required quality category as well as a set of control variables including regional origin, color, style, and their age at the time of judging. The data confirms that sensory quality awards have a significant and positive price impact. Moreover, we estimate significant relative differences between quality categories, growing regions and most of the control variables. https://www.tib-op.org/ojs/index.php/gjae/article/view/1555

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
A Hedonic Pricing Model for German Wine ; volume:52 ; number:5 ; year:2003
Agrarwirtschaft ; 52, Heft 5 (2003)

Creator
Schamel, Günter

DOI
10.52825/gjae.v52i5.1555
URN
urn:nbn:de:101:1-2409251108005.709335129327
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:21 AM CEST

Data provider

This object is provided by:
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.

Associated

  • Schamel, Günter

Other Objects (12)