Hedonic Modelling for Australian Wine

Tim Davis and Fredoun Z. Ahmadi-Esfahani

No 137835, 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia from Australian Agricultural and Resource Economics Society

Abstract: The Australian wine industry has been under the pressure of oversupply for many years. Export promotion appears to potentially serve as an effective strategy to partially address this problem. An Hedonic price function is employed to estimate premia and discounts for various varieties, regions and vintages of Australian wine, within the US retail market. Some preliminary results are presented. These results may be used to develop an optimal allocation of Australian wine to various overseas and domestic markets.

Keywords: Demand and Price Analysis; International Relations/Trade (search for similar items in EconPapers)
Pages: 19
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare05:137835

DOI: 10.22004/ag.econ.137835

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