@article{Davis:161896,
      recid = {161896},
      author = {Davis, Timothy R. and Ahmadi-Esfahani, Fredoun Z. and  Iranzo, Susana},
      title = {Demand under product differentiation: an empirical  analysis of the US wine market},
      journal = {Australian Journal of Agricultural and Resource Economics},
      address = {2008-12},
      number = {428-2016-27923},
      pages = {17},
      year = {2008},
      abstract = {Oversupply has led to a number of perplexities for the  Australian wine industry in
recent times. When  disaggregated from the industry level, however, the problem  can be
better described as a range of attribute-specific  disequilibria. To date, the solutions to
this problem have  predominantly revolved around supply-side policies of  reducing
output through crop thinning or vine pulling. By  contrast, this paper focuses on the
demand side and argues  that the disequilibria may be reduced by gaining a  better
understanding of the demand for Australian wine. A  discrete choice model of product
differentiation is used to  estimate the demand for wine in Australia’s second  largest
export market, the United States. Implications of  the analysis are explored.},
      url = {http://ageconsearch.umn.edu/record/161896},
      doi = {https://doi.org/10.22004/ag.econ.161896},
}