The demand for Turkish wine: estimates of the wine price elasticities

Abstract

This article examines the impacts of the recent high taxation policy on Anatolian wine demand and wine price elasticities. This article uses quarterly data between 1997 and 2013 to estimate key elasticities of the Turkish demand for wine. No prior study has estimated specific elasticities for wine consumption and the results also indicate that the high taxation policy is significantly reducing the wine demand and production in Turkey.