Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273057 
Year of Publication: 
2022
Series/Report no.: 
EERI Research Paper Series No. 13/2022
Publisher: 
Economics and Econometrics Research Institute (EERI), Brussels
Abstract: 
This paper presents an empirical model that estimates the Prosecco life cycle. We use OLS and 3SLS to estimate the life cycle of Prosecco (1) worldwide, (2) as a system of equations in selected countries and (3) as a system of equations in comparison with Cava and Champagne. Our results reveal that Prosecco is approaching maturity worldwide, different from Cava and Champagne, which have already achieved that phase. The Prosecco life cycle is in the growing phase in Germany, China and Japan, in the maturity phase in France, the United Kingdom and the U.S. and in the declining phase in Russia.
Subjects: 
Product life cycle
Prosecco CDO
life cycle empirical specification
3SLS
OLS
JEL: 
C2
C51
C54
L1
Document Type: 
Working Paper

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