An Investigation into the Quality of Wines: Evidence from Piedmont

ISRIL Working Paper No. 01-2005

22 Pages Posted: 17 Feb 2005

See all articles by Marco Delmastro

Marco Delmastro

Ca Foscari University of Venice; Enrico Fermi Research Center

Date Written: January 2005

Abstract

In this paper we study a combination of four quality ratings as dependent variables, regressing them on a large number of explanatory variables. In particular, we focus on Piedmont which is the largest and most important Italian wine region; it produces prestigious wines such as great Barolo and Barbaresco as well as lower quality products. Collected data allow us to test the effect on different measures of quality of a series of wine- and winery-dependent factors. In particular, we test a wide range of factors that comprehend classification, appellation, individual reputation, ownership structure and owner preferences.

Keywords: Wine, reputation, quality, differentiation

JEL Classification: L15, L21, L66

Suggested Citation

Delmastro, Marco, An Investigation into the Quality of Wines: Evidence from Piedmont (January 2005). ISRIL Working Paper No. 01-2005, Available at SSRN: https://ssrn.com/abstract=667946 or http://dx.doi.org/10.2139/ssrn.667946

Marco Delmastro (Contact Author)

Ca Foscari University of Venice ( email )

Dorsoduro 3246
Venice, Veneto 30123
Italy

Enrico Fermi Research Center ( email )

Via Panisperna, 89a
Roma, IA 00184
Italy

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