A Study on Determinants of French Wine Demand for French Wine Consumers

2021 ◽  
Vol 17 (2) ◽  
pp. 331-341
Author(s):  
Eun-Jin Han
Keyword(s):  
Wine Demand

scholarly journals Analysis and Forecasts of the Demand for Imported Wine in China

2021 ◽  
pp. 193896552098107
Author(s):  
Anyu Liu ◽  
Haiyan Song
Keyword(s):  
Single Equation ◽  
Specific Model ◽  
Specific Method ◽  
Sparkling Wine ◽  
Econometric Methods ◽  
Distributed Lag ◽  
Distributed Lag Models ◽  
Wine Market ◽  
Wine Demand

The aim of this study is to investigate the long-term determinants of China’s imported wine demand and to forecast wine imports from 2019 to 2023 using econometric methods. Auto-regressive distributed lag models are developed based on neoclassical economic demand theory to investigate the long-term determinants of China’s demand for imported bottled, bulk, and sparkling wine from the top five countries of origin. The empirical results demonstrate that income is the most important determinant of China’s imported wine demand, and that price only plays a significant role in a few markets. Substitute and complement effects are identified between wines from different countries of origin and between imported wines and other liquids. China’s imported wine demand is expected to maintain its rapid growth over the forecast period. Bottled wine will continue to dominate China’s imported wine market. France will have the largest market share in the bottled wine market, Spain will be the largest provider of bulk wine, and Italy will hold the same position for sparkling wine. This is the first study to use a single equation with the general to specific method rather than a system of equations to estimate and forecast China’s demand for imported bottled, bulk, and sparkling wines from different countries of origin. The more specific model setting for each country of origin improves forecasting accuracy.

Study on the Wine Demand Model and Demand Determinants

2014 ◽  
Author(s):  
Seung-gil Lee1 ◽  
Sun Young Chang
Keyword(s):  
Demand Model ◽  
Wine Demand

scholarly journals The Effects of the COVID-19 Pandemic on the Mass Market Retailing of Wine in Italy

Foods ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 2674
Author(s):  
Francesca Gerini ◽  
Andrea Dominici ◽  
Leonardo Casini
Keyword(s):  
Purchase Behavior ◽  
Scanner Data ◽  
Mass Market ◽  
Policy Makers ◽  
Food Purchasing ◽  
Retail Channel ◽  
The Future ◽  
June July ◽  
Purchasing Patterns ◽  
Wine Demand

The purpose of this study was to provide a detailed framework of wine purchases in supermarkets during the COVID-19 pandemic. The unexpected diffusion of the virus and the restrictions imposed in Italy to prevent its spread have significantly affected the food purchasing habits of consumers. By analyzing the scanner data of the wine sales in the Italian mass market retail channel, this study was intended to show whether and how the dynamics triggered by the pandemic have modified the overall value and type of wine purchases, focusing on prices, formats, and promotional sales. In particular, this study explores sales in two separate periods, namely March–April (the “lockdown”, with general compulsory closing and severe restrictions) and June–July 2020 (the “post-lockdown”, in which some limitations were no longer effective). The analysis of wine sales during lockdown and post-lockdown and the study of the variations compared to the sales of the previous years showed some significant changes in purchase behavior. The results could provide managers, researchers, and policy makers with extensive insights into the purchasing patterns of consumers during this unprecedented time and reveal trends that may characterize the structure of the future wine demand.

scholarly journals The factors of competitiveness and the quantification of their impact on the export efficiency of grape and wine in the Slovak Republic 

2012 ◽  
Vol 52 (No. 8) ◽  
pp. 389-394
Author(s):  
M. Halková
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Foreign Market ◽  
Good Combination ◽  
High Quality ◽  
The Czech Republic ◽  
Wine Demand

The paper devotes attention to evaluating the factors of competitiveness and the quantification of their impact on the export efficiency of grape and wine in the Slovak Republic. For the reason of bad conditions in grape production, Slovakia has not covered the domestic wine demand in years 1998–2003 and therefore wine was imported to Slovakia. Opposite  to, some European wine-producing countries, Slovakia does not suffer from wine overproduction and Slovak vintners have not got problems with selling their production on foreign market. After the downfall of custom protection, an increase of import was expected, mostly of cheap table wines. The chance for Slovak producers is the production of high quality wines, which are getting a good combination of quality and price in comparison with foreign quality wines. It is important, that Slovak consumers should know and prefer quality wines and that the export of Slovak wines are oriented also on other markets not only on the market of the Czech Republic. 

scholarly journals Use of scanner data to analyze the table wine demand in the Italian major retailing trade

Agribusiness ◽  
2006 ◽  
Vol 22 (3) ◽  
pp. 391-403 ◽  
Author(s):  
Francesco Torrisi ◽  
Gianluca Stefani ◽  
Chiara Seghieri
Keyword(s):  
Scanner Data ◽  
Wine Demand

scholarly journals Tariff Elimination and the Competitiveness of Wine-Exporting Countries in Japan

2021 ◽  
Vol 50 (1) ◽  
pp. 76-98
Author(s):  
Emily K. Greear ◽  
Andrew Muhammad
Keyword(s):  
Adverse Effects ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Rotterdam Model ◽  
The Impact ◽  
Tariff Reductions ◽  
Wine Demand

AbstractBilateral trade agreements between Japan and major wine-exporting countries have resulted in tariff eliminations in Japan. This raises questions about how tariffs affect the competitiveness of wine-exporting countries. The generalized dynamic Rotterdam model was used in estimating Japanese wine demand by source. Estimates were then used to project the impact of tariffs on imports of Australian, Chilean, French, German, Italian, Spanish, and U.S. wine. Tariff reductions primarily benefit affected countries, with limited adverse effects on competing countries. The elimination of tariffs on U.S. wine should offset any losses from competing trade agreements.

scholarly journals Price as a Signal of Product Quality: Some Experimental Evidence

2014 ◽  
Vol 9 (2) ◽  
pp. 135-152 ◽  
Author(s):  
Giovanni Mastrobuoni ◽  
Franco Peracchi ◽  
Aleksey Tetenov
Keyword(s):  
Experimental Data ◽  
Experimental Design ◽  
Product Quality ◽  
Experimental Evidence ◽  
Jel Classification ◽  
Large Sample ◽  
Price Signals ◽  
Signaling Effect ◽  
Young Consumers ◽  
Wine Demand

AbstractWe use experimental data to disentangle the signaling and budgetary effects of price on wine demand. The experimental design allows us to isolate the two effects in a simple and intuitive way. The signaling effect is present and nonlinear: it is strongly positive between 3 euros and 5 euros and undetectable between 5 euros and 8 euros. We find a similar nonlinear price–quality relationship in a large sample of wine ratings from the same price segment, supporting the hypothesis that taster behavior in the experiment is consistent with rationally using prices as signals of quality. Price signals also have greater importance for inexperienced (young) consumers. (JEL Classification: D11, D12, D82)

scholarly journals Analysis of selected demand factors of wine market of the Czech Republic

2008 ◽  
Vol 53 (No. 7) ◽  
pp. 304-311 ◽  
Author(s):  
T. Pyšný ◽  
Z. Pošvár ◽  
S. Gurská
Keyword(s):  
Czech Republic ◽  
Ethanol Consumption ◽  
Negative Influence ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Demand Growth ◽  
Alcoholic Drinks ◽  
Main Factors ◽  
Per Capita ◽  
Wine Demand

This paper analyzes the data on the development of the main factors of the demand for wine and wine consumption in the Czech Republic. The average annual wine consumption, one of the wine demand factors, grew between1991 and 2005 from 14.8 l to 17 l per capita. Following this trend, we can expect the average annual wine consumption 17.4 l per capita in year 2010. However there are critical factors in the development of the demand for wine demand here. Specifically it is the daily feasible ratio of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The ethanol consumption in beer accounts for 50% of the total ethanol consumption in alcoholic drinks in the Czech Republic. The negative influence on wine demand growth has been the price of other alcoholic drinks, especially beer that is the cheapest form of ethanol.

A Demand Analysis of the Korean Wine Market Using an Unrestricted Source Differentiated LA/AIDS Model

2009 ◽  
Vol 4 (2) ◽  
pp. 185-200 ◽  
Author(s):  
Youngjae Lee ◽  
P. Lynn Kennedy ◽  
Brian M. Hilbun
Keyword(s):  
Jel Classification ◽  
Demand Analysis ◽  
Test Results ◽  
Price Effect ◽  
Aids Model ◽  
Wine Consumption ◽  
Aggregated Model ◽  
Wine Market ◽  
Wine Demand

AbstractAn unrestricted source differentiated LA/AIDS model was used to estimate Korean wine demand. In doing so, this study tested the null hypotheses of product aggregation, block separability and substitutability. The test results show that the unrestricted source differentiated model is significantly different from the aggregated model, separated model, and restricted source differentiated model at the conventional level. By using this system-wide model, this study estimated price and expenditure elasticities to identify the price effect on Korean wine consumption. (JEL Classification: F10, F11, F13)

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