Table 2 Summary Statistics of Variables Included and Reported in the Regression Analysis (N = 546)

Price

Price in 2011 Euros

10.46

7.99

3.1

88

Production Variables

Manual Harvest

Grapes harvested manually

0.77

0.42

0

1

Ferments Added

Additional ferments added

0.28

0.45

0

1

Barrel Aging

Length of barrel aging (months)

11.30

10.67

0

84

Oak Barrel

Wine aged in an oak barrel

0.45

0.50

0

1

Sugar Added

Additional sugar added

0.07

0.25

0

1

Filtered

Wine filtered

0.56

0.50

0

1

Production

Production of wine (hectoliters)

95.95

181.12

1

2000

SO₂

SO₂ added

0.89

0.31

0

1

SO₂ x White

SO₂ added and white wine

0.28

0.45

0

1

SO₂ x Rosé

SO₂ added and rosé wine

0.09

0.28

0

1

SO2 x Red

SO₂ added and red wine

0.52

0.50

0

1

SO2 x Intended Cellar

SO₂ added interacted with recommended cellaring length

5.26

4.94

0

24

SO2 x FNIVAB

SO₂ added and certified by FNIVAB

0.27

0.45

0

1

SO2 x Biodyvin

SO₂ added and certified by Biodyvin

0.07

0.25

0

1

SO2 x Demeter

SO₂ added and certified by Demeter

0.08

0.28

0

1

Intended Cellar

Recommended length of time to cellar wine (years)

5.91

5.1

0

24

Aged

Years aged at time of wine’s web entry

2.58

1.74

1

14

% Alcohol

Percent alcohol

12.98

1.18

5

18

Sparkling

Wine is a sparkling wine

0.06

0.24

0

1

Hachette

Listed in the Hachette Guide to French Wine

0.05

0.21

0

1

Hachette x Stars

Number of stars received (if any) in the Hachette Guide (1–3 possible)

0.01

0.15

0

2

HachetteCDC

Coup de Coeur honor in Hachette Guide

<0.01

0.06

0

1

AOC

Appellation d’Origine Controlee Certification

0.68

0.47

0

1

Grand Cru

Grand Cru designation

0.03

0.18

0

1

Villages

Villages designation

0.05

0.23

0

1

Parker Dummy Variable

Wine has a rating on eRobertparker.com

0.24

0.42

0

1

Parker

Wine Rating on eRobertparker.com (imputed if missing)

87.54

0.66

86

91

FNIVAB

Certified organic by FNIVAB

0.31

0.46

0

1

Biodyvin

Certified by Biodyvin

0.07

0.26

0

1

Demeter

Certified by Demeter

0.09

0.29

0

1

Organic Experience

Years winery has produced organically

11.93

16.88

0

317

Total Surface Area

Total surface area of winery’s production (hectares)

20.34

25.25

2

200