Inwestycja w wino - ocena sommelierów, rocznik i liczba punktów dystrybucji a wycena
Investment in Wine: Evaluation of Sommeliers, Year of Wine and Number of Distribution Points and Pricing
Author(s): Marcin PotrykusSubject(s): Business Economy / Management, Socio-Economic Research
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: alternative investments; investment in wine; determinants of investment
Summary/Abstract: The paper uses Pearson correlation coefficients to analyze strength and direction of the interaction between: price of the wine and the vintage, the evaluation made by sommeliers and wine price, price of wine and number of distribution points. Eight wine strains from the region of Bordeaux were analyzed. The strongest association was observed between the price of wine and vintage. The article also presents selected descriptive statistics for the price of wine, the assessment provided by sommeliers and the number of distribution points. On average, wine called Petrus / Pomerol enjoys the highest recognition of sommeliers. Furthermore, estimated econometric models indicate that the average price of the analyzed strains increased by 2.46% a year while the change in the evaluation of wine by one point affects the average change in price by 6.01%.
Journal: Kwartalnik Kolegium Ekonomiczno-Społecznego „Studia i Prace”
- Issue Year: 23/2015
- Issue No: 3.3
- Page Range: 173-187
- Page Count: 16
- Language: Polish