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Wine Economics

Quantitative Studies and Empirical Applications

  • Book
  • © 2013

Overview

Editors:
  1. Eric Giraud-Héraud

    1. Institut National de la Recherche Agronomique, France

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    You can also search for this editor in PubMed   Google Scholar

  2. Marie-Claude Pichery

    1. University of Bourgogne, France

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Applied Econometrics Association Series (AEAS)

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xxii
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  2. Introduction and Overview

    1. Introduction and Overview

      • Eric Giraud-Héraud, Marie-Claude Pichery
      Pages 1-8

  4. Consumer Behaviour and Prices

    1. Front Matter

      Pages 71-71
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    2. The Economic Value of Wine Names That Reference Place in the US Market: Analysis of ‘Champagne’ and Sparkling Wine

      • Hyunok Lee, Daniel A. Sumner
      Pages 73-87

    3. The Price of Wine: Does the Bottle Size Matter?

      • Jean-François Outreville
      Pages 88-101

    4. Wine Judging and Tasting

      • Matteo M. Galizzi
      Pages 102-128

    5. Willingness to Pay for Appellation of Origin: Results of an Experiment with Pinot Noir Wines in France and Germany

      • Pascale Bazoche, Pierre Combris, Eric Giraud-Héraud, Jean-Baptiste Traversac
      Pages 129-145

  5. Wine Ranking and Financial Issues

    1. Front Matter

      Pages 147-147
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    2. How Best to Rank Wines: Majority Judgment

      • Michel Balinski, Rida Laraki
      Pages 149-172

    3. Wine as an Alternative Asset Class

      • Philippe Masset, Jean-Philippe Weisskopf
      Pages 173-199

    4. Financial Reaction to the Business Cycle in Periods of Difficulties: The Case of French Wine Companies

      • Paul Amadieu, Jean-Pierre Couderc, Jean-Laurent Viviani
      Pages 200-228

  6. Intermediary Markets and Strategic Decisions

    1. Front Matter

      Pages 229-229
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    2. The Technical Efficiency of Wine Grape Growers in the Murray-Darling Basin in Australia

      • Tim Coelli, Orion Sanders
      Pages 231-249

    3. Product Assortment and the Efficiency of Farms

      • Gordana Manevska-Tasevska
      Pages 250-265

    4. Determinants of Wine-Bottling Strategic Decisions: Empirical Evidence from the Italian Wine Industry

      • Giulio Malorgio, Cristina Grazia, Francesco Caracciolo, Carla De Rosa
      Pages 266-296

    5. Export Intentions of Wineries

      • Isabel Bardají, Belén Iráizoz, Julio Estavillo
      Pages 297-323
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Keywords

About this book

The book proposes an overview of the research conducted to date in the field of wine economics. All of these contributions have in common the use of econometric techniques and mathematical formalization to describe the new challenges of this economic sector.

Editors and Affiliations

  • Institut National de la Recherche Agronomique, France

    Eric Giraud-Héraud

  • University of Bourgogne, France

    Marie-Claude Pichery

About the editors

Eric Giraud-Héraud is Research Director at the French National Institute for Agricultural Research (INRA), and Professeur Associé at the Ecole Polytechnique (Paris, France). His research focuses on industrial organisation and experimental economics. His works deals with the economics of food (economic efficiency, competitiveness, public regulation of supply, quality labels and consumer behaviour). He was the President of the European Association of Wine Economists (2003–2006) and currently one of the members of the Scientific Council of the Institut des Sciences de la Vigne et du Vin (ISVV) at Bordeaux. He is a member of the EuAWE (European Association of Wine Economists) and the VDQS (Vineyard Data Quantification Society).

Marie-Claude Pichery is Professor of Economics and Econometrics at University of Bourgogne (Dijon, France) and a researcher at the Laboratoire d'Economie et Gestion (CNRS). She gives lectures in Wine Economics at the Institut Universitaire de la Vigne et du Vin – Jules Guyot (IUVV). Her fields of research are in wine industry and territorial aspects of vineyards. She has been President of the European Association of Wine Economists (1997–1999) and is currently a member of the scientific advisory council of the Chaire UNESCO 'Culture et Traditions du vin' hosted by University of Bourgogne. She is a member of the EuAWE (European Association of Wine Economists) and the VDQS (Vineyard Data Quantification Society).

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