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Determinants of Argentinean Wine Prices in the U.S.

  • Guillermo J. San Martín (a1), Javier L. Troncoso (a2) and Bernhard Brümmer (a3)
Abstract

A hedonic price function for Argentinean wines in the U.S market is estimated in order to evaluate the effect of the most important attributes of wine on price. Results show that labeling practices and the choice of the right wine quality attributes are far more influential on price than expert panel opinions or oenological wine improvements such as age. (JEL Classification: Q11, C21, D12)

Copyright
COPYRIGHT: © American Association of Wine Economists 2008
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Journal of Wine Economics
  • ISSN: 1931-4361
  • EISSN: 1931-437X
  • URL: /core/journals/journal-of-wine-economics
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