What determines Port Wine prices?

• Tipo: Artigo em Revista Científica Internacional
• Data: 2007

Autores

Rui Couto Viana (Autor) FEP; Lúcia Lima Rodrigues (Autor) Outra

Revista

Título: Journal of Wine Economics

ISSN: 1931-4361

Editora: Cambridge University Press

Classificação Científica

FOS: Ciências sociais > Economia e gestão

CORDIS: Ciências Sociais > Economia > Estudos de gestão

Outras Informações

DOI: 10.1017/S1931436100000444

Abstract (EN): In this study, we estimate a cross-sectional hedonic price function for Port wines in order to determine the price influence of several Port wine characteristics. Drawing on a large sample of more than 14,000 sales from the biggest Port wine firms we find that market prices can be explained by objective characteristics such as age, type of Port and type of brand appearing on the bottle label and subjective characteristics such as firm reputation. The Port type is the main price determinant.

Idioma: Inglês

Tipo (Avaliação Docente): Científica