Explanatory factors of French retail wine prices

Christian M. Hafner

Applied Economics Letters, 2025, vol. 32, issue 2, 259-262

Abstract: This paper contributes to the increasing literature of explaining wine prices by objective and sensorial factors, focusing on the retail sector of French wines sold in Belgian supermarkets. Our main findings are: (1) higher price are associated with higher quality wines, measured via ratings obtained from blind tastings, (2) organic wines attain higher prices than comparable non-organic wines, and (3), the alcohol volume is among the most important factors for explaining prices.

Date: 2025
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DOI: 10.1080/13504851.2023.2266565

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