Country of origin advertising and US demand of imported wine: an empirical analysis (original) (raw)

Applied Economics Letters, 2012

Abstract

We investigate the impact of media advertising on the US consumption of imported wine. Panel data from six countries over 15 years (1994–2008) are used to estimate an aggregate demand function for US wine imports. Our empirical analysis reveals evidence of important effects of advertising of domestic and imported wines on imported quantities; the advertising of imported wines significantly increases

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