publication . Preprint . 2002

Wine prices in the Nordic countries: Are they lower than in the region of origin?

Jan Bentzen; Valdemar Smith;
Open Access
  • Published: 01 Sep 2002
Abstract
The aim of this paper is to analyse the retail prices on wine in different countries. In general, country-specific price differences on identical wines are expected to reflect differences in taxes, import prices, transportation and other costs. Also the competitive conditions on the retail markets in the relevant countries are important. Accordingly, lack of competition at the retail level, high import prices and high duties on wine all contribute to increase wine prices. Next, consumer prices on wine are expected to be relatively lowest in the producer country and even lower on the local markets in the producing region. The Nordic countries are located far away...
Subjects
free text keywords: Wine prices, Californian wines, Australian wines, Wine taxes, The Nordic Market for wine, jel:D4, jel:L81, jel:O57
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