Determinants of Argentinean Wine Prices in the U.S

Guillermo J. San Martín, Javier L. Troncoso and Bernhard Brümmer

Journal of Wine Economics, 2008, vol. 3, issue 1, 72-84

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)

Date: 2008
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