EuAWE Research Seminar Series
April 13th 2021 | 9:00 AM – 10:00 AM CET
Microsoft Teams meeting: Click here to join the meeting
(Charles Sturt University)
Will present the following paper:
“Estimating supply functions for wine attributes: a two-stage hedonic approach”
Abstract: A vast body of literature exists on estimating hedonic price functions which relate the price of wine to its attributes. Some studies have employed producer specific variables such as quantity sold and producer reputation in hedonic functions to potentially capture supply influences on prices. This paper recognizes that the original Rosen (1974) hedonic theoretic framework excludes producer specific variables from the hedonic price function and justifies their inclusion only for second-stage attribute supply estimation. We use the two-stage Rosen approach employing data from multi-markets for the same wines to identify supply functions. The application to Australian produced wines demonstrates the importance of a wine’s quality and age as attributes in inverse supply functions. Counter to expectations a direct relation between producer size and marginal attribute costs is estimated which appears to be due to the method employed rather than the peculiarities of the data.
Discussant: Günter Schamel (Free University of Bozen-Bolzano, firstname.lastname@example.org)
Contact: Jean-Marie Cardebat (Bordeaux University, jean-marie.cardebat@u-
Organization: there will be 30 minutes of presentation followed by 20 minutes of discussion and Q&A. Participants can ask questions during or at the end of the talk. Please use Teams “raise hand” feature to indicate that you would like to ask a question.
EUAWE BOARD MEETING
27 - 28 January 2020
Welcome to Bordeaux
The board will meet for the first time in Bordeaux, on 27th and 28th of January 2020. The meeting will take place at Bordeaux University, Campus Bastide, 35 avenue Abadie, 33100 Bordeaux.
The programme is :
Monday, January 27th
14:00 Opening presentations of each researcher related to Wine Economics (synthesis of the work achieved, projects, and prospective vision of the major themes in Wine Economics). 10 minutes per presentation.
Presentation of the INTERREG SUDOE “VInCI” project
17:00 Round table with wine professionals
19:00 Social event
Tuesday, January 28th
9:00 Presentation of the legal structure of the association, statutes, website and communication. General assembly to vote for president and vice presidents.
12:00 Closing of the meeting