Table 4 Effects of Added SO2, Production Variables, Wine Characteristics, Indicators of Quality, and Winery Characteristics on Wine Price
From: The value of added sulfur dioxide in French organic wine
Ln(Price) | Coeff. | St. Error |
|---|---|---|
SO2 Variables | Â | Â |
SO2 | −0.226b | (0.099) |
SO2 x White | 0.252a | (0.151) |
SO2 x Rosé | 0.482b | (0.177) |
SO2 x FNIVAB | −0.045 | (0.100) |
SO2 x Biodyvin | −0.300b | (0.133) |
SO2 x Demeter | 0.021 | (0.099) |
SO2 x Ln(Intended Cellar) | 0.148b | (0.046) |
Production Variables | Â | Â |
Ln(Intended Cellar) | 0.098b | (0.041) |
Manual Harvest | 0.185b | (0.055) |
Ferments Added | 0.047 | (0.053) |
Sugar Added | −0.180 | (0.123) |
Filtered | 0.031 | (0.057) |
Oak Barrel | 0.157c | (0.026) |
Ln(Production) | −0.117c | (0.023) |
Wine Characteristics | Â | Â |
Ln(Aged) | 0.104 | (0.085) |
% Alcohol | 0.027a | (0.015) |
Sparkling | 0.303c | (0.071) |
White | −0.237 | (0.216) |
Rosé | −0.470b | (0.205) |
Indicators of Quality | Â | Â |
Hachette | −0.054 | (0.056) |
Hachette x Stars | −0.083a | (0.049) |
Hachette CDC | 0.053 | (0.074) |
AOC | 0.203b | (0.062) |
Grand Cru | −0.043 | (0.146) |
Villages | −0.013 | (0.088) |
Parker Dummy Variable | Â | Â |
Parker Rating | −0.038 | (0.111) |
Winery Characteristics | Â | Â |
FNIVAB | Â | Â |
Biodyvin | Â | Â |
Demeter | Â | Â |
Ln(OrgExp) | 0.091 | (0.168) |
Ln(Total Area) | Â | Â |
Controls for Variety, Region, Vintage | Yes | Â |
Constant | 4.750 | (9.631) |
N | 542 | Â |
R2 | 0.587 | Â |
Hausman Test Chi2(52) | 73.85b | Â |
Model Type | Fixed Effects | |