Skip navigation
Skip navigation

What Determines the Future Value of an Icon Wine? New Evidence from Australia

Wood, Danielle; Anderson, Kym


The Australian wine auction market is characterised by large variations in price between different vintages of the same wine. Yet the release prices of those wines exhibit considerably less volatility. This paper addresses the question: to what extent can we anticipate the future price of such icon wines from information available at the time of release? Specifically, it looks at the importance of the weather conditions during the grape-growing season. A hedonic model is estimated to...[Show more]

CollectionsANU Research Publications
Date published: 2002-11
Type: Working/Technical Paper
Source: Centre for International Economic Studies, Discussion Paper No. 0233


File Description SizeFormat Image
01 Wood and Anderson What determines the future 2002.pdf7.53 MBAdobe PDF    Request a copy

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator