@article{GarcĂ­aArancibia:253793,
      recid = {253793},
      author = {GarcĂ­a Arancibia, Rodrigo and Rossini, Gustavo and  Depetris Guiguet, Edith},
      title = {Wine Label Descriptors and Shelf Price Paid by Argentine  Consumers},
      journal = {Agricultural Economics Review},
      address = {2015},
      number = {389-2016-23525},
      pages = {17},
      year = {2015},
      abstract = {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.},
      url = {http://ageconsearch.umn.edu/record/253793},
      doi = {https://doi.org/10.22004/ag.econ.253793},
}