Home Bias in Consumption: A Comparison between Wine and Beer

Abstract: This paper investigates the determinants of home bias in consumption in the beer and wine markets across 15 ‘old’ member states of the European Union (EU) during the period 2000-2009. Two main results are obtained using a theory-driven gravity equation. Firstly, the home bias in beer consumption is several orders of magnitude higher than that of wine. Secondly, and interestingly, consumer preferences seem to be driving the home bias in the wine sector. In contrast, the home bias in beer is widely attributable to the home market effect, namely firms tend to localize near the consumers in order to minimize the high trade costs associated with beer exports. https://www.tib-op.org/ojs/index.php/gjae/article/view/1883

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

Bibliographic citation
Home Bias in Consumption: A Comparison between Wine and Beer ; volume:61 ; number:4 ; year:2012
German journal of agricultural economics ; 61, Heft 4 (2012)

Creator
Olper, Alessandro
Curzi, Daniele
Frisio, Dario Gianfranco
Raimondi, Valentina

DOI
10.52825/gjae.v61i4.1883
URN
urn:nbn:de:101:1-2409251125403.197232876616
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:23 AM CEST

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Associated

  • Olper, Alessandro
  • Curzi, Daniele
  • Frisio, Dario Gianfranco
  • Raimondi, Valentina

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