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Predicting Italian Wine Quality from Weather Data and Expert Ratings

Published online by Cambridge University Press:  19 December 2019

Alessandro Corsi
Affiliation:
Department of Economics and Statistics, University of Torino, Lungo Dora Siena, 100/A, 10153Torino, Italy; e-mail: alessandro.corsi@unito.it.
Orley Ashenfelter
Affiliation:
Industrial Relations Section, Firestone Library, Princeton University, Princeton, NJ08544-2098, USA; e-mail: c6789@princeton.edu.

Abstract

In this paper we estimate how a variety of subjective measures of quality taken from the published opinions of several experts on Italian wines (Barolo and Barbaresco) are determined by the weather conditions during the relevant season, in order to assess their reliability. Since these measures of quality are only ordinal, we estimate their determinants using an ordered probit model. The method provides measures of the determinants of vintage quality ratings and suggestions on the reliability of each expert. (JEL Classifications: D12, Q11, Q13)

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Type
Articles
Copyright
Copyright © American Association of Wine Economists 2019

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