nep-cul New Economics Papers
on Cultural Economics
Issue of 2008‒12‒14
three papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Valuing Recreational Benefits of a National Park in Andean Colombia By Alvarez, Sergio; Larkin, Sherry L.
  2. MODELING PERCEPTIONS OF LOCALLY PRODUCED WINE AMONG RESTAURATEURS IN NEW YORK CITY By Preszler, Trent; Schmit, Todd M.
  3. Unobserved heterogeneity in the wine market: an analysis on Sardinian wine via Mixed Logit By Lai, Maria Bonaria; Del Giudice, Teresa; Pomarici, Eugenio

  1. By: Alvarez, Sergio; Larkin, Sherry L.
    Abstract: Protected undeveloped areas are an important tool for land conservation in developing nations. Efficient land allocation decisions and resource management requires knowledge of non-market benefits. Using travel cost and contingent valuation data from on-site interviews and secondary data on visitation, this study will value a national park in Columbia.
    Keywords: consumer surplus, non-market valuation, willingness to pay, zonal travel cost, International Development, Resource /Energy Economics and Policy, Q24, Q26, Q57,
    Date: 2008
    URL: http://d.repec.org/n?u=RePEc:ags:saeaed:6732&r=cul
  2. By: Preszler, Trent; Schmit, Todd M.
    Abstract: Poor perceived product quality, an inadequate sales force, and intense competition from wines produced elsewhere are common reasons cited for why New York wines have not achieved broad acceptance in the New York City (NYC) market. NYC restaurant owners, sommeliers, and chefs were surveyed regarding their perceptions and purchasing decisions of wines grown and bottled in New York State. Factor analysis was applied to examine the structure of interrelationships among key indicators of product perception, and an ordinal logistic regression model was used to identify the characteristics of restaurants that show a strong propensity to adopt local wines. The results indicate that a NYC restaurant€ٳ type of cuisine does not affect its propensity to adopt local wine, nor does a restaurant€ٳ desire to offer a large, geographically diverse wine list. The perceived collective reputation for a wine region€ٳ excellence in one particular grape varietal was found to be the most significant factor in the probability of adoption of local wines in NYC. An important implication of these results is that being local is not enough, and New York winery stakeholders could establish a more prominent presence in NYC by emphasizing their collective reputation for particular grape varietals.
    Keywords: product perception, restaurant, wine, sommeliers, local, collective reputation, New York, New York City, Demand and Price Analysis, Marketing,
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:ags:aawewp:45503&r=cul
  3. By: Lai, Maria Bonaria; Del Giudice, Teresa; Pomarici, Eugenio
    Keywords: wine consumption. mixed logit, Demand and Price Analysis,
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:ags:aawewp:45502&r=cul

This nep-cul issue is ©2008 by Roberto Zanola. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.