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Volume 19 - November 2024

Contents

Page 2 of 2

Book and Film Reviews

Article

  • Is more always better? The returns to alcohol by volume—Evidence from the Austrian “Spirits Trophy 2023”

  • Bernd Frick, Daniel Kaimann
  • Published online by Cambridge University Press:
    15 November 2024, pp. 375-385
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  • Hedonic models that seek to explain the observable variation in wine and beer prices have so far included alcohol by volume (ABV) only as a control variable without paying much attention to the magnitude of the coefficient and without questioning the implicit assumption that the impact of ABV on bottle prices is indeed linear. Using data from the “Austrian Spirits Trophy 2023,” we find the relationship between ABV and bottle prices to be nonlinear, with statistically significant effects observed for linear, squared, and cubic terms of alcohol content. Moreover, we find expert evaluations of spirits to demonstrate a nonlinear relationship with ABV too.

Book and Film Reviews

e-only frontmatter

  • JWE volume 19 issue 3 Cover

  • Published online by Cambridge University Press:
    02 January 2025, pp. f1-f2
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Book and Film Reviews

e-only frontmatter

  • JWE volume 19 issue 2 Cover

  • Published online by Cambridge University Press:
    24 May 2024, p. f1
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Book and Film Reviews

e-only frontmatter

  • JWE volume 19 issue 1 Cover

  • Published online by Cambridge University Press:
    07 May 2024, p. f1
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  • JWE volume 19 issue 4 Cover and Front matter

  • Published online by Cambridge University Press:
    27 January 2025, pp. f1-f2
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e-only back matter

  • JWE volume 19 issue 4 Cover and Back matter

  • Published online by Cambridge University Press:
    27 January 2025, pp. b1-b2
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Page 2 of 2