The paper represents a pioneering study of market for vineyard planting rights. Based on two ad hoc surveys, it is aimed at identifying the characteristics of demand, supply and prices for planting rights in Veneto Region since first transactions (1995) to 2007. Results give a picture of a highly he...

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Main Author: Luigi Galletto
Format: Article
Language:English
Published: Firenze University Press 2015-02-01
Series:Aestimum
Online Access:https://oaj.fupress.net/index.php/ceset/article/view/5620
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spelling doaj-29d26bdcba0a40ebb10e0a25ec98f1062020-11-25T02:55:49ZengFirenze University PressAestimum1592-61171724-21182015-02-016510.13128/Aestimum-1546012962Luigi GallettoThe paper represents a pioneering study of market for vineyard planting rights. Based on two ad hoc surveys, it is aimed at identifying the characteristics of demand, supply and prices for planting rights in Veneto Region since first transactions (1995) to 2007. Results give a picture of a highly heterogeneous market, showing significant changes not only in prices. The use of cluster analysis have made possible to find out the presence of local market segmentation. Thanks to a demand, which grew faster than local supply, prices increased sharply until 2004; then a quick downturn followed. A wide gap exists between maximum and minimum price in the same zone combined with strong spatial price variability among and within provinces.https://oaj.fupress.net/index.php/ceset/article/view/5620
collection DOAJ
language English
format Article
sources DOAJ
author Luigi Galletto
spellingShingle Luigi Galletto
Aestimum
author_facet Luigi Galletto
author_sort Luigi Galletto
publisher Firenze University Press
series Aestimum
issn 1592-6117
1724-2118
publishDate 2015-02-01
description The paper represents a pioneering study of market for vineyard planting rights. Based on two ad hoc surveys, it is aimed at identifying the characteristics of demand, supply and prices for planting rights in Veneto Region since first transactions (1995) to 2007. Results give a picture of a highly heterogeneous market, showing significant changes not only in prices. The use of cluster analysis have made possible to find out the presence of local market segmentation. Thanks to a demand, which grew faster than local supply, prices increased sharply until 2004; then a quick downturn followed. A wide gap exists between maximum and minimum price in the same zone combined with strong spatial price variability among and within provinces.
url https://oaj.fupress.net/index.php/ceset/article/view/5620
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