The price of Swiss fine wines

Masset, Philippe (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland) ; Weisskopf, Jean-Philippe (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland)

This article examines the price determinants of wine on the Swiss market using a hedonic regression approach. We find that grape varietals and wine growing regions have a large impact on prices. Growing Petite Arvine or growing wine in Valais or the Swiss German part of the country trigger a premium. Cultivating Pinot Noir or Gamay or being located in Vaud or Geneva prompts a discount . Positioning and being located in a renowned wine growing region further lead to higher prices . Information on producers, on the other hand, only marginally explains wine prices. Our results suggest that Swiss producers price their wines rather uniformly.


Keywords:
Conference Type:
full paper
Faculty:
Economie et Services
School:
EHL
Subject(s):
Economie/gestion
Publisher:
Mendoza, Argentina, 26-30 May 2015
Date:
Mendoza, Argentina
26-30 May 2015
2014
Pagination:
26 p.
Published in:
Proceedings of the American Association of Wine Economics Annual Meeting (AAWE) 2015
Appears in Collection:

Note: The status of this file is: restricted


 Record created 2015-10-29, last modified 2019-06-11

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