Hedonic approach to the determinants of the price of cider
Language
EN
Article de revue
This item was published in
Applied Economics Letters. 2020-12-01, vol. 28, n° 19, p. 1712-1716
English Abstract
In this article, we apply the hedonic approach to the determinants of the price of cider in Quebec province. We examine the impact of production characteristics, the indications provided on the bottle and the taste and ...Read more >
In this article, we apply the hedonic approach to the determinants of the price of cider in Quebec province. We examine the impact of production characteristics, the indications provided on the bottle and the taste and visual characteristics. The degree of alcohol, cryofermentation, production area, newest varieties of apples, presence of a cork, perception of sweet sugar, dark and golden aspect have a significant positive impact. The choice of high-quality products is reflected in the premium associated to the price. The analysis has important industrial implications for producers and distributors.Read less <
English Keywords
Hedonic models
Price determinants
Cider economics
Quebec ciders