Exploring quality and its value in the Italian olive oil market: a panel data analysis

Agricultural and Food Economics - Tập 6 Số 1 - 2018
Anna Carbone1, Luca Cacchiarelli1, Valentina Sabbatini1
1Università degli Studi della Tuscia, Viterbo, Italy

Tóm tắt

Từ khóa


Tài liệu tham khảo

AGER, (2016) Filiera olivicola. Analisi di scenario 2015-2016. Downloaded 29/09/2017 from: http://www.unaprol.it/images/stories/Scenari%20di%20economici/Filiera%20olivicola_Analisi%20di%20scenario%202015-2016.pdf

Aprile MC, Caputo V, Nayga RM Jr (2012) Consumers’ valuation of food quality labels: the case of the European geographic indication and organic farming labels. Int J Consum Stud 36(2):158–165 https://doi.org/10.1111/j.1470-6431.2011.01092.x

Benfratello L, Piacenza M, Sacchetto S (2009) Taste or reputation: what drives market prices in the wine industry? Estimation of a hedonic model for Italian premium wines. Appl Econ 41(17):2197–2209 https://doi.org/10.1080/00036840701222439

Brentari E, Levaggi R. (2010) Hedonic price for the Italian red wine: a panel analysis. Downloaded 29/09/2017 from: http://www.wine-economics.org/aawe/wp-content/uploads/2013/07/69-Reims2009-Brentari-Levaggi.pdf

Breusch TS, Pagan AR (1980) The Lagrange multiplier test and its applications to model specification in econometrics. Rev Econ Stud 47:239–253

Cabrera ER, Arriaza M, Rodríguez-Entrena M (2015) Is the extra virgin olive oil market facing a process of differentiation? A hedonic approach to disentangle the effect of quality attributes. Grasas Aceites 66(4):105 https://doi.org/10.3989/gya.0253151

Cacchiarelli L, Carbone A, Esti M, Laureti T, Sorrentino A (2016) Assessing Italian wine quality and prices: de gustibus non disputandum est. Br Food J 118(5):1006–1024

Cacchiarelli L, Carbone A, Laureti T, Sorrentino A (2014) The value of quality clues in the wine market: evidences from Lazio, Italy. J Wine Res 25(4):281–297

Cacchiarelli L, Carbone A, Laureti T, Sorrentino A (2016) The value of the certifications of origin: a comparison between the Italian olive oil and wine markets. Br Food J 118(4):824–839

Carbone A, Caswell J, Galli F, Sorrentino A (2014) The performance of protected designations of origin: an ex post multi-criteria assessment of the Italian cheese and olive oil sectors. J Agric Food Ind Org 12(1):121–140

Carlucci D, De Gennaro B, Roselli L, Seccia A (2014) E-commerce retail of extra virgin olive oil: an hedonic analysis of Italian SMEs supply. Br Food J 116(10):1600–1617

Corsi A, Strøm S (2013) The price premium for organic wines: estimating a hedonic farm-gate price equation. J Wine Econ 8(01):29–48

Costanigro M, McCluskey JJ, Goemans C (2010) The economics of nested names: name specificity, reputations, and price premia. Am J Agric Econ 92(5):1339–1350 https://doi.org/10.1093/ajae/aaq065

De Gennaro B, Roselli L, Medicamento U (2009) Evoluzione Degli Scambi Commerciali Dell’italia Nel Mercato Mondiale Degli Oli Di Olive. Agri Regioni Europa 5(17):78–82

Del Giudice T, Cavallo C, Caracciolo F, Cicia G (2015) What attributes of extra virgin olive oil are really important for consumers: a meta-analysis of consumers’ stated preferences. Agric Food Econ 3(1):1–20 https://doi.org/10.1186/s40100-015-0034-5

Delgado C, Guinard JX (2011) How do consumer hedonic ratings for extra virgin olive oil relate to quality ratings by experts and descriptive analysis ratings? Food Qual Prefer 22(2):213–225 https://doi.org/10.1016/j.foodqual.2010.10.004

Dentoni D, Reardon T (2010) Small farms building global brands through social networks. J Chain Netw Sci 10(3):159–171

Diotallevi F (2010) The analysis of the demand for extra virgin olive oil in Italy: application of the aids model, vol 2010. Phd Thesis, Rural and Sustainable Development, XXi Cicle, Unversity of Perugia - Department of Economics and Food sciences Available at https://doi.org/10.2139/ssrn.2185678

Fotopoulos C, Krystallis A (2001) Are quality labels a real marketing advantage? J Int Food Agri Bus Mark 12:1–22 https://doi.org/10.1300/j047v12n01_01

García-González DL, Aparicio R (2010) Research in olive oil: challenges for the near future. J Agric Food Chem 58(24):12569–12577

Gázquez-Abad JC, Sánchez-Pérez M (2009) Factors influencing olive oil brand choice in Spain: an empirical analysis using scanner data. Agribusiness 25(1):36–55. https://doi.org/10.1002/agr.20183

Greene WH (2003) Econometric analysis. Pearson Educ Ind

Gujarati DN (2004) Basic econometrics, Fourth edn. The McGraw−Hill Companies

Gustafson CR, Lybbert TJ, Sumner DA (2016) Consumer sorting and hedonic valuation of wine attributes: exploiting data from a field experiment. Agric Econ 1(47):91–103

Hassan D, Mornier-Dilhan S (2002) Signes de qualité et qualité des signes: une application au marchè du camambert. Cahiers d’economie et sociologie rurales 65:23–36

Hausman JA (1978) Specification tests in econometrics. Econometrica:1251–1271

Hsiao C (2007) Panel data analysis—advantages and challenges. TEST 16(1):1–22

IOOC: International Olive Oil Council (2016) International production, exports and imports of olive oil and classification and definitions of olive oils. Retrieved from http://www.internationaloliveoil.org

Ismea (2016) National and regional production and prices of the Italian olive oil. Retriewed from www.ismea.it

Karipidis P, Tsakiridou E, Tabakis N (2005) The Greek olive oil market structure. Agric Econ Rev 6(1):64–72

Marchini A, Diotallevi F, Paffarini C, Stasi A, Baselice A (2015) Visualization and purchase: an analysis of the Italian olive oil grocery shelves through an in-situ visual marketing approach. Qual Mark Res Int J 18(3):346–361

Matthäus B, Spener F (2008) What we know and what we should know about virgin oils ? A general introduction. Eur J Lipid Sci Technol 110:597–601 https://doi.org/10.1002/ejlt.200800118

Olei F (2013) Guida al mondo dell’extravergine. 2013. E.V.O. srl Italy

Olei F (2014) Guida al mondo dell’extravergine. 2014. E.V.O. srl Italy

Olei F (2015). Guida al mondo dell’extravergine. 2015. E.V.O. srl Italy

Paroissien E, Visser M (2018) The causal impact of medals on wine producers’ prices and the gains from participating in contests. AAWE 223:1–25 Retrieved from: http://www.wine-economics.org/dt_catalog/aawe-working-paper-no-223-economics/

Romo Munoz R, Lagos Moya M, Gil JM (2015) Market values for olive oil attributes in Chile: a hedonic price function. Br Food J 117(1):358–370. https://doi.org/10.1108/BFJ-01-2014-0009

Roselli L, Carlucci D, Gennaro BC (2016) What is the value of extrinsic olive oil cues in emerging markets? Empirical evidence from the US e-commerce retail market. Agribusiness

Rosen S (1974) Hedonic prices and implicit markets: product differentiation in pure competition. J Polit Econ 82(1):34 https://doi.org/10.1086/260169

Sandalidou E, Baourakis G, Siskos Y (2002) Customers’ perspectives on the quality of organic olive oil in Greece: a satisfaction evaluation approach. Br Food J 104:391–406 https://doi.org/10.1108/00070700210425787

Scarpa R, Del Giudice T (2004) Market segmentation via mixed logit: extra-virgin olive oil in urban Italy. J Agric Food Ind Organ 2(1):1–18 https://doi.org/10.2202/1542-0485.1080

Schamel G (2006) Geography versus brands in a global wine market. Agribusiness 22(3):363–374. https://doi.org/10.1002/agr.20091

Schamel G, Anderson K (2003) Wine quality and varietal, regional and winery reputations: hedonic prices for Australia and New Zealand. Econ Rec 79(246):357–369

Smith RA, McKinney CN, Caudill SB, Mixon FG (2016) Consumer ratings and the pricing of experience goods: hedonic regression analysis of beer prices. Agric Food Econ 4(1):24

Stasi A, Diotallevi F, Marchini A (2012) Strategies and profitability in the market price of oil extra virgin olive oil: a model analysis through the scanner data. Riv Econ Agrar 67(1):69–88

Thrane C (2004) In defence of the price hedonic model in wine research. J Wine Res 25(2):123–134

Van der Lans I, Van Ittersum K, De Cicco A, Loseby M (2001) The role of the region of origin and EU certificates of origin in consumer evaluation of food products. Eur Rev Agric Econ 28(4):451–477

Wiedmann KP, Hennigs N, Siebels A (2007) Measuring consumers’ luxury value perception: a cross-cultural framework. Acad Mark Sci Rev 7(7):333–361

Wiedmann KP, Hennigs N, Siebels A (2009) Value-based segmentation of luxury consumption behavior. Psychol Mark 26(7):625–651