Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/90713 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
Memorandum No. 07/2013
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
Organic wines are increasingly produced and appreciated. Since organic production is more costly, a crucial question is whether they benefit from a price premium. We estimate hedonic price functions for Piedmont organic and conventional wines. We use data on the production side in addition to variables of interest for consumers. Our results show that, along with characteristics of interest to consumers, some farm and producer characteristics not directly relevant for consumers do significantly affect wine prices. We find that organic wine tends to obtain higher prices than conventional wine. The price premium is not simply an addition to other price components, but organic quality modifies the impact of the other variables on price.
JEL: 
C21
D49
L11
Q12
Dokumentart: 
Working Paper

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