Price Effects of Establishing a New Sub-AVA within Oregon's Willamette Valley AVA

2017 ◽  
Vol 12 (4) ◽  
pp. 345-353 ◽  
Author(s):  
Omer Gokcekus ◽  
Clare M. Finnegan

AbstractThe creation of new sub-divisions within Oregon's Willamette Valley American Viticultural Area (AVA) may indicate a desire on the part of well-established wineries to “split” or separate their social groupings from those with lesser qualifications. Once their social clusters have been differentiated, we theorize that these wineries would be able to capitalize on their newly developed distinctiveness and collect larger regional reputation premiums. Based on 2,221 Wine Spectator–rated pinot noirs from between 1984 and 2008, regression analyses demonstrate that regional reputation premiums have significantly increased with the creation of sub-AVAs and that the price-quality ratio gap between sub-AVAs and the rest of Willamette has widened. (JEL Classifications: D22, Q12, L14)

2019 ◽  
Vol 65 (2) ◽  
pp. 264-276 ◽  
Author(s):  
Wayne Geerling ◽  
G. Dirk Mateer ◽  
Brian O’Roark

This article describes a student group project (Music for Econ) which synthesizes music with economics and is a great way to connect with your audience. We trace the journey of Music for Econ from its inception as a Pop-Up video in the early 2000s through to the creation of a Music for Econ library on Critical Commons. Music for Econ is a pedagogical device which can be used to demonstrate the everyday application of economics and help unlock student creativity. Consequently, we provide the instructor with a do it yourself (DIY) manual, which shows them how to set up the project, customize it depending on the size of their class, and how to avoid common pitfalls. We also include an end of project survey template for reference and future use in an appendix. More broadly, Music for Econ is simply fun to watch if you like music and enjoy leaning about economics. JEL Classifications: A20, A21, A22


2002 ◽  
Vol 92 (4) ◽  
pp. 889-904 ◽  
Author(s):  
Won Chang ◽  
L. Alan Winters

The welfare effects of PTAs are most directly linked to changes in trade prices, i.e., the terms of trade. This paper employs a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of “nonmember” exports to Brazil: As Brazil exempts its MERCOSUR partners from tariffs, the resulting competitive pressure leads other exporters to reduce their prices. Working with detailed data on unit values and tariffs we find that the creation of MERCOSUR was associated with significant declines in the prices of nonmembers' exports to the region.


2016 ◽  
Vol 29 (3) ◽  
pp. 79-91 ◽  
Author(s):  
Alisa G. Brink ◽  
Jennifer C. Coats ◽  
Frederick W. Rankin

ABSTRACT Past research demonstrates that superiors possess private information about many features of the organization including cost systems. These studies provide evidence that superiors strategically disclose this information to influence the subordinates' actions, yet this issue has not been explored in a budgeting context. Accordingly, we study behavior in a budgeting setting with a cost system accuracy that is known to both the superior and subordinate or only known by the superior. When the accuracy is only observed by the superior, she might misrepresent it in an effort to elicit more truthful budget proposals from subordinates. Final budget authority affects how subordinates frame the budgeting setting; therefore, we compare cases where either the subordinate or the superior has final budget authority. Results indicate that superiors strategically misrepresent their private information in an attempt to reduce the creation of slack. Further, a cost system that sends an accuracy signal as private information to superiors reduces slack and increases superiors' earnings when subordinates unilaterally set their budgets, but not when superiors have final budget authority. Our results imply that superiors may strategically misrepresent information to mitigate slack consumption and that superiors may design information systems in such a way that they provide them with private information. JEL Classifications: C90; D82; M41; M55. Data Availability: Contact the authors.


2017 ◽  
Vol 33 (3) ◽  
pp. 461 ◽  
Author(s):  
Rubén Maneiro Dios ◽  
José Luis Losada López ◽  
Claudio Alberto Casal Sanjurjo ◽  
Antonio Ardá Suárez

<p>Indirect free kicks are relatively common in soccer and have the potential to change the outcome of a match. The aim of this study was to determine the effectiveness of these kicks, to identify variables associated with success, and propose a model for optimal execution.</p><p>We analyzed and coded 506 indirect free kicks taken in 64 matches during the FIFA 2014 World Cup in Brazil and conducted univariate, bivariate (chi-square), and multivariate (binary logistic regression) analyses. Our results show very low success rates in terms of shots, shots between the posts, and goals. Nevertheless, 89% of goals scored from indirect free kicks led to the teams gaining valuable points. Determinants of success included a dynamic attack based on the creation and occupation of spaces and the intervention of up to four attackers.  Our findings offer an interesting starting point for trainers to build on tactical strategies designed to improve free-kick performance.</p>


2020 ◽  
Vol 15 (2) ◽  
pp. 134-162 ◽  
Author(s):  
Olivier Bargain

AbstractWhile France leads the way in the Chinese import market of wine, China is France's third largest wine export market by value. In this article, I analyze the determinants of France's wine exports to China, differentiated by French wine growing regions. I estimate a simple demand using a dataset on wine shipments of 100 different types of French bottled wines to China between 1998 and 2015. I find a wide range of income and price effects across French regions—a range not unlike those found by studies spanning multiple countries. Bordeaux wines exhibit the largest Chinese income elasticity. However, other French regions appear to catch up. Price elasticity, meanwhile, is particularly low for highly reputable wines, but quite high for wines targeting middle-class customers and wines from regions traditionally known for white wines. (JEL Classifications: F10, F14, L66, Q17)


2020 ◽  
Vol 43 ◽  
Author(s):  
Stefen Beeler-Duden ◽  
Meltem Yucel ◽  
Amrisha Vaish

Abstract Tomasello offers a compelling account of the emergence of humans’ sense of obligation. We suggest that more needs to be said about the role of affect in the creation of obligations. We also argue that positive emotions such as gratitude evolved to encourage individuals to fulfill cooperative obligations without the negative quality that Tomasello proposes is inherent in obligations.


2020 ◽  
Vol 51 (3) ◽  
pp. 807-820
Author(s):  
Lena G. Caesar ◽  
Marie Kerins

Purpose The purpose of this study was to investigate the relationship between oral language, literacy skills, age, and dialect density (DD) of African American children residing in two different geographical regions of the United States (East Coast and Midwest). Method Data were obtained from 64 African American school-age children between the ages of 7 and 12 years from two geographic regions. Children were assessed using a combination of standardized tests and narrative samples elicited from wordless picture books. Bivariate correlation and multiple regression analyses were used to determine relationships to and relative contributions of oral language, literacy, age, and geographic region to DD. Results Results of correlation analyses demonstrated a negative relationship between DD measures and children's literacy skills. Age-related findings between geographic regions indicated that the younger sample from the Midwest outscored the East Coast sample in reading comprehension and sentence complexity. Multiple regression analyses identified five variables (i.e., geographic region, age, mean length of utterance in morphemes, reading fluency, and phonological awareness) that accounted for 31% of the variance of children's DD—with geographic region emerging as the strongest predictor. Conclusions As in previous studies, the current study found an inverse relationship between DD and several literacy measures. Importantly, geographic region emerged as a strong predictor of DD. This finding highlights the need for a further study that goes beyond the mere description of relationships to comparing geographic regions and specifically focusing on racial composition, poverty, and school success measures through direct data collection.


2020 ◽  
Vol 63 (7) ◽  
pp. 2281-2292
Author(s):  
Ying Zhao ◽  
Xinchun Wu ◽  
Hongjun Chen ◽  
Peng Sun ◽  
Ruibo Xie ◽  
...  

Purpose This exploratory study aimed to investigate the potential impact of sentence-level comprehension and sentence-level fluency on passage comprehension of deaf students in elementary school. Method A total of 159 deaf students, 65 students ( M age = 13.46 years) in Grades 3 and 4 and 94 students ( M age = 14.95 years) in Grades 5 and 6, were assessed for nonverbal intelligence, vocabulary knowledge, sentence-level comprehension, sentence-level fluency, and passage comprehension. Group differences were examined using t tests, whereas the predictive and mediating mechanisms were examined using regression modeling. Results The regression analyses showed that the effect of sentence-level comprehension on passage comprehension was not significant, whereas sentence-level fluency was an independent predictor in Grades 3–4. Sentence-level comprehension and fluency contributed significant variance to passage comprehension in Grades 5–6. Sentence-level fluency fully mediated the influence of sentence-level comprehension on passage comprehension in Grades 3–4, playing a partial mediating role in Grades 5–6. Conclusions The relative contributions of sentence-level comprehension and fluency to deaf students' passage comprehension varied, and sentence-level fluency mediated the relationship between sentence-level comprehension and passage comprehension.


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