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首页> 外文期刊>Journal of Wine Economics >Terroir in the New World: Hedonic Estimation of Vineyard Sale Prices in California
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Terroir in the New World: Hedonic Estimation of Vineyard Sale Prices in California

机译：新世界中的风土：加州葡萄园销售价格的享乐主义估计

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摘要

In the Old-World vineyards of Europe, a key concept that plays an important role in the production and appreciation of wines is terroir, which refers to the special characteristics of a place that impart unique qualities to the wine produced. We examine whether terroir matters in the New-World wines produced in California's Napa and Sonoma Counties by conducting a hedonic price analysis of vineyard sales over the period 1991 to 2007 to determine the relative effects on vineyard sales prices of designated appellations versus biophysical site attributes commonly associated with terroir, such as slope, aspect, elevation, and climate. Because vineyards that are sold are not necessarily representative of the universe of vineyards, we employ Heckman's two-stage econometric approach to control for possible sample-selection bias. We find that intrinsic site attributes and designated appellations influence vineyard prices, although our results are stronger and more consistent with regard to the influence of appellations. This finding indicates that terroir matters economically, even if the designated appellations have relatively less connection in reality with terroir.
机译：在欧洲的旧世界葡萄园中，风土是在葡萄酒的生产和欣赏中起着重要作用的关键概念，风土是指赋予该葡萄酒独特品质的地方特色。我们通过对1991年至2007年间葡萄园销售的享乐价格进行分析，以确定指定名称与一般生物物理场所属性对葡萄园销售价格的相对影响，从而研究风土对加利福尼亚纳帕和索诺玛县生产的新世界葡萄酒是否重要与风土相关的信息，例如坡度，纵横比，海拔和气候。由于出售的葡萄园不一定代表整个葡萄园，因此我们采用了Heckman的两阶段计量经济学方法来控制可能的样本选择偏差。我们发现内在的土地属性和指定的名称影响了葡萄园的价格，尽管我们的结果在名称影响方面更强，更一致。该发现表明，即使实际使用的地名与风土的联系相对较少，风土在经济上也很重要。

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  • 来源
    《Journal of Wine Economics》 |2017年第3期|282-301|共20页
  • 作者

    Robin Cross; Andrew J. Plantinga; Robert N. Stavins;

  • 作者单位

    Department of Agricultural and Resource Economics, Oregon State University, Ballard Extension Hall 221B, 2591 SW Campus Way, Corvallis, OR 97331;

    Bren School of Environmental Science and Management, University of California, Santa Barbara, Santa Barbara, CA 93106-5131;

    John F. Kennedy School of Government, Harvard University, 79 John F. Kennedy Street, Cambridge, MA 02138, Research Associate, National Bureau of Economic Research, and University Fellow, Resources for the Future;

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  • 正文语种 eng
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  • 关键词

    hedonic price analysis; vineyard; wine;

    机译：享乐价格分析;葡萄园;葡萄酒;

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