The return to Australian fine wine

Research output: Contribution to journalArticlepeer-review

48 Citations (Scopus)

Abstract

This paper uses auction data and the adjacent period hedonic price regression approach to estimate the return to storing premium Australian wine during the period 1989Q4 to 2000Q4. The results indicate that the return to storing premium Australian wine is probably superior to the return to Bordeaux wine. The risk-return profile of premium Australian wine is shown to be broadly comparable to that of Australian equities.
Original languageEnglish
Pages (from-to)542-561
JournalEuropean Review of Agricultural Economics
Volume33
Issue number4
DOIs
Publication statusPublished - 2006

Cite this