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dc.contributor.authorCross, Robinen_US
dc.contributor.authorPlantinga, Andrew J.en_US
dc.contributor.authorStavins, Robert N.en_US
dc.date.accessioned2011-12-15T11:30:41Z-
dc.date.available2011-12-15T11:30:41Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/53179-
dc.description.abstractWe examine the value of terroir, which refers to the special characteristics of a place that impart unique qualities to the wine produced. We do this by conducting a hedonic analysis of vineyard sales in the Willamette Valley of Oregon to ascertain whether site attributes, such as slope, aspect, elevation, and soil types, or designated appellations are more important determinants of price. We find that prices are strongly determined by sub-AVA appellation designations, but not by specific site attributes. These results indicate that the concept of terroir matters economically, although the reality of terroir as proxied for by locational attributes is not significant.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei Milanoen_US
dc.relation.ispartofseriesNota di Lavoro, Fondazione Eni Enrico Mattei: Sustainable development 12.2011en_US
dc.subject.jelC2en_US
dc.subject.jelQ11en_US
dc.subject.ddc330en_US
dc.subject.keywordWineen_US
dc.subject.keywordVineyarden_US
dc.subject.stwWeinbauen_US
dc.subject.stwBodenen_US
dc.subject.stwRegionen_US
dc.subject.stwHedonischer Preisindexen_US
dc.subject.stwUSAen_US
dc.titleThe value of terroir: Hedonic estimation of Vineyard sale pricesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn647193531en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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