Arbeitspapier

¿Qué explica el precio del vino? Análisis hedónico del mercado de alta calidad

We determine a relationship between high quality wines and its drivers. We answer the questions: What variables explain high-quality wine prices? How do certain factors (highly, slightly or scarcely) under control of the suppliers, influence prices? To respond, we build a database with thirteen years of the best 100 wines annually ranked in Wine Spectator magazine. With the database we estimate a hedonic price regression. We also identify wineries, origins and a country whose wines are "overvalued" or "undervalued" with respect to model's predictions.

Language
Spanisch

Bibliographic citation
Series: Serie Documentos de Trabajo ; No. 593

Classification
Wirtschaft
Consumer Economics: Empirical Analysis
Single Equation Models; Single Variables: General
Food; Beverages; Cosmetics; Tobacco; Wine and Spirits
Subject
wine
hedonic prices

Event
Geistige Schöpfung
(who)
Amaro, Ignacio Benito
Ferro, Gustavo
Event
Veröffentlichung
(who)
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
(where)
Buenos Aires
(when)
2016

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Amaro, Ignacio Benito
  • Ferro, Gustavo
  • Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)

Time of origin

  • 2016

Other Objects (12)