Wine Label Descriptors and Shelf Price Paid by Argentine Consumers

Autores
García Arancibia, Rodrigo; Rossini, Gustavo Eduardo; Depetris de Guiguet, Edith Yris Noemi
Año de publicación
2015
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
A wide variety of wines are sold in the Argentine retail wine market, both in specialized stores and supermarkets. There are several wine segments according to their degree of vertical differentiation, each with additional differentiation strategies. One of them centers on the information provided in the bottle label to attract consumers, which can be characterized as objective information (type of grape, color, age, alcoholic content, region of origin) and additional information (food pairing, sensorial and environmental characteristics, wine making process, serving temperature suggestions). The question arises about the relationship, if any, between those descriptors and the price paid by the consumer. To answer it, an empirical study was conducted for Santa Fe city, an important consumption center. A hedonic price model was estimated, with the results showing that within the lower-priced wine segment, the additional information had a positive impact on prices; this situation was not the same for the higher-priced wines. Statistically significant differences were also found between provinces of origin, type of wine and purchase place.
Fil: García Arancibia, Rodrigo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina
Fil: Rossini, Gustavo Eduardo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina
Fil: Depetris de Guiguet, Edith Yris Noemi. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina
Materia
Hedonic Prices
Retail Market
Attributes
Differentiation
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/179307
Acceder
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network_name_str CONICET Digital (CONICET)
spelling Wine Label Descriptors and Shelf Price Paid by Argentine ConsumersGarcía Arancibia, RodrigoRossini, Gustavo EduardoDepetris de Guiguet, Edith Yris NoemiHedonic PricesRetail MarketAttributesDifferentiationhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5A wide variety of wines are sold in the Argentine retail wine market, both in specialized stores and supermarkets. There are several wine segments according to their degree of vertical differentiation, each with additional differentiation strategies. One of them centers on the information provided in the bottle label to attract consumers, which can be characterized as objective information (type of grape, color, age, alcoholic content, region of origin) and additional information (food pairing, sensorial and environmental characteristics, wine making process, serving temperature suggestions). The question arises about the relationship, if any, between those descriptors and the price paid by the consumer. To answer it, an empirical study was conducted for Santa Fe city, an important consumption center. A hedonic price model was estimated, with the results showing that within the lower-priced wine segment, the additional information had a positive impact on prices; this situation was not the same for the higher-priced wines. Statistically significant differences were also found between provinces of origin, type of wine and purchase place.Fil: García Arancibia, Rodrigo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; ArgentinaFil: Rossini, Gustavo Eduardo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; ArgentinaFil: Depetris de Guiguet, Edith Yris Noemi. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; ArgentinaGreek Association of Agricultural Economists2015-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/179307García Arancibia, Rodrigo; Rossini, Gustavo Eduardo; Depetris de Guiguet, Edith Yris Noemi; Wine Label Descriptors and Shelf Price Paid by Argentine Consumers; Greek Association of Agricultural Economists; Agricultural Economics Review; 16; 2; 7-2015; 56-721109-2580CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/http://www.eng.auth.gr/mattas/eng.htminfo:eu-repo/semantics/altIdentifier/url/https://www.questia.com/library/journal/1P3-4174048821/wine-label-descriptors-and-shelf-price-paid-by-argentineinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-10-15T15:06:32Zoai:ri.conicet.gov.ar:11336/179307instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-10-15 15:06:32.59CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
title Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
spellingShingle Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
García Arancibia, Rodrigo
Hedonic Prices
Retail Market
Attributes
Differentiation
title_short Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
title_full Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
title_fullStr Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
title_full_unstemmed Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
title_sort Wine Label Descriptors and Shelf Price Paid by Argentine Consumers
dc.creator.none.fl_str_mv García Arancibia, Rodrigo
Rossini, Gustavo Eduardo
Depetris de Guiguet, Edith Yris Noemi
author García Arancibia, Rodrigo
author_facet García Arancibia, Rodrigo
Rossini, Gustavo Eduardo
Depetris de Guiguet, Edith Yris Noemi
author_role author
author2 Rossini, Gustavo Eduardo
Depetris de Guiguet, Edith Yris Noemi
author2_role author
author
dc.subject.none.fl_str_mv Hedonic Prices
Retail Market
Attributes
Differentiation
topic Hedonic Prices
Retail Market
Attributes
Differentiation
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv A wide variety of wines are sold in the Argentine retail wine market, both in specialized stores and supermarkets. There are several wine segments according to their degree of vertical differentiation, each with additional differentiation strategies. One of them centers on the information provided in the bottle label to attract consumers, which can be characterized as objective information (type of grape, color, age, alcoholic content, region of origin) and additional information (food pairing, sensorial and environmental characteristics, wine making process, serving temperature suggestions). The question arises about the relationship, if any, between those descriptors and the price paid by the consumer. To answer it, an empirical study was conducted for Santa Fe city, an important consumption center. A hedonic price model was estimated, with the results showing that within the lower-priced wine segment, the additional information had a positive impact on prices; this situation was not the same for the higher-priced wines. Statistically significant differences were also found between provinces of origin, type of wine and purchase place.
Fil: García Arancibia, Rodrigo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina
Fil: Rossini, Gustavo Eduardo. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe; Argentina
Fil: Depetris de Guiguet, Edith Yris Noemi. Universidad Nacional del Litoral. Facultad de Ciencias Económicas. Instituto de Economía Aplicada Litoral; Argentina
description A wide variety of wines are sold in the Argentine retail wine market, both in specialized stores and supermarkets. There are several wine segments according to their degree of vertical differentiation, each with additional differentiation strategies. One of them centers on the information provided in the bottle label to attract consumers, which can be characterized as objective information (type of grape, color, age, alcoholic content, region of origin) and additional information (food pairing, sensorial and environmental characteristics, wine making process, serving temperature suggestions). The question arises about the relationship, if any, between those descriptors and the price paid by the consumer. To answer it, an empirical study was conducted for Santa Fe city, an important consumption center. A hedonic price model was estimated, with the results showing that within the lower-priced wine segment, the additional information had a positive impact on prices; this situation was not the same for the higher-priced wines. Statistically significant differences were also found between provinces of origin, type of wine and purchase place.
publishDate 2015
dc.date.none.fl_str_mv 2015-07
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/179307
García Arancibia, Rodrigo; Rossini, Gustavo Eduardo; Depetris de Guiguet, Edith Yris Noemi; Wine Label Descriptors and Shelf Price Paid by Argentine Consumers; Greek Association of Agricultural Economists; Agricultural Economics Review; 16; 2; 7-2015; 56-72
1109-2580
CONICET Digital
CONICET
url http://hdl.handle.net/11336/179307
identifier_str_mv García Arancibia, Rodrigo; Rossini, Gustavo Eduardo; Depetris de Guiguet, Edith Yris Noemi; Wine Label Descriptors and Shelf Price Paid by Argentine Consumers; Greek Association of Agricultural Economists; Agricultural Economics Review; 16; 2; 7-2015; 56-72
1109-2580
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/http://www.eng.auth.gr/mattas/eng.htm
info:eu-repo/semantics/altIdentifier/url/https://www.questia.com/library/journal/1P3-4174048821/wine-label-descriptors-and-shelf-price-paid-by-argentine
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Greek Association of Agricultural Economists
publisher.none.fl_str_mv Greek Association of Agricultural Economists
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.22299

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