Using Wine Quality Differential in Grapes Pricing

Amos Golan and Haim Shalit

No 232640, Working Papers from Hebrew University of Jerusalem, Center for Agricultural Economic Research

Abstract: A model of pricing grapes is developed based on the hedonic hypothesis that wine produced from those grapes is valued by consumers for its quality characteristics. The model attempts to establish a set of producers pricing rules for quality characteristics in a cooperative framework. The model is then used to estimate the grape components affecting wine quality. Those characteristics are valued and a producer pricing for grapes is established.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 40
Date: 1985-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:huaewp:232640

DOI: 10.22004/ag.econ.232640

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