The impact of hail on retail wine sales: Evidence from Switzerland

IF 1.6 4区经济学 Q2 AGRICULTURAL ECONOMICS & POLICY

Journal of Wine Economics Pub Date : 2022-05-01 DOI:10.1017/jwe.2022.18

Alexandre Mondoux

引用次数: 2

Abstract

Abstract This paper uses a difference-in-differences approach to analyze the treatment effect of a hail weather shock in a specific Swiss wine-growing region. We exploit a natural experiment from Switzerland's Three Lakes wine region in 2013 and examine its impact on the country's retail market. We find statistically significant (1%-level) effects of –22.8% and +2.8% for the volume and price of wine consumed, respectively. These effects can be interpreted as average treatment effects, which is the difference in outcomes between treatment and control groups using a pre-post shock study methodology. Several robustness checks confirm the statistical significance of the estimated effects and the initial assumptions.

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冰雹对葡萄酒零售销售的影响:来自瑞士的证据

摘要本文采用差中之差方法分析了瑞士某葡萄酒产区冰雹天气冲击的处理效果。2013年，我们在瑞士的三湖葡萄酒产区进行了一项自然实验，并研究了它对该国零售市场的影响。我们发现，葡萄酒消费量和价格的影响分别为-22.8%和+2.8%，在统计上具有显著性(1%水平)。这些效应可以解释为平均治疗效应，即使用休克前后研究方法的治疗组和对照组之间结果的差异。几个稳健性检查证实了估计效果和初始假设的统计显著性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Wine Economics Agricultural and Biological Sciences-Food Science

CiteScore

3.20

自引率

28.60%

发文量

期刊介绍： The Journal of Wine Economics (JWE), launched in 2006, provides a focused outlet for high-quality, peer-reviewed research on economic topics related to wine. Although wine economics papers have been, and will continue to be, published in leading general and agricultural economics journals, the number of high-quality papers has grown to such an extent that a specialized journal can provide a useful platform for the exchange of ideas and results. The JWE is open to any area related to the economic aspects of wine, viticulture, and oenology. It covers a wide array of topics, including, but not limited to: production, winery activities, marketing, consumption, as well as macroeconomic and legal topics. The JWE has been published twice a year and contains main papers, short papers, notes and comments, reviews of books, films and wine events, as well as conference announcements. From 2013 on, the JWE has been published three times per year. The Journal of Wine Economics is fully owned by the American Association of Wine Economists (AAWE) and, since 2012, has been published by Cambridge University Press.