Wine Price Markup in California Restaurants
William Amspacher
Journal of Food Distribution Research, 2011, vol. 42, issue 01, 4
Abstract:
The study quantifies the relationship between retail wine price and restaurant mark-up. Ordinary Least Squares regressions were run to estimate how restaurant mark-up responded to retail price. Separate regressions were run for white wine, red wine, and both red and white combined. Both slope and intercept coefficients for each of these regressions were highly significant and indicated the expected inverse relationship between retail price and mark-up.
Keywords: Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Industrial Organization (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:139071
DOI: 10.22004/ag.econ.139071
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