{"doi":"10.1111/j.1574-0862.2006.00107.x","title":"Modeling winegrape prices in disequilibrium","abstract":"<jats:title>Abstract</jats:title><jats:p>This article presents an econometric model of winegrape prices which recognizes the existence of demand and supply imbalances in the Australian market. A “markets in disequilibrium” framework is employed to motivate modeling price changes as responding to variations in excess demand/supply. The disequilibrium price equation provides estimates of regional and varietal price discounts/premiums and a measure of the speed of disequilibrium price adjustment. The equilibrium assumption is rejected for the market and substantial differences between equilibrium and disequilibrium estimates point to the inaccuracies of assuming market clearing. Disequilibrium estimates point to significant differences between warm and cool regions and changing speed of disequilibrium adjustment over time.</jats:p>","journal":"Agricultural Economics","year":2006,"id":16281,"datarank":1.064641433519747,"base_score":2.639057329615259,"endowment":2.639057329615259,"self_citation_contribution":0.3958585994422889,"citation_network_contribution":0.6687828340774581,"self_endowment_contribution":0.3958585994422889,"citer_contribution":0.6687828340774581,"corpus_percentile":null,"corpus_rank":null,"citation_count":13,"citer_count":10,"citers_with_citation_signal":9,"citers_with_endowment":9,"datacite_reuse_total":0,"is_dataset":false,"is_dataset_confidence":null,"is_data_producer":false,"deposit_databanks":null,"is_oa":false,"file_count":0,"downloads":0,"has_version_chain":false,"published_date":null,"fair_score":null,"fair_percentile":null,"algorithm_id":"datarank_citation_only_1hop_v6","ranking_scope":"data_only","authors":[{"id":120757,"name":"Edward Oczkowski","orcid":null,"position":0,"is_corresponding":false}],"reference_count":0,"raw_metadata":{"has_enrichment":true,"base_score":2.639057329615259,"endowment":2.639057329615259,"datacite_reuse_total":0,"file_count":0,"downloads":0,"views":0,"has_version_chain":false,"is_dataset":false,"is_oa":false,"pmid":"21071399","pmcid":null,"openalex_id":"https://openalex.org/W1966798854","authors":[],"funders":[],"total_grants":0,"fwci":2.0318,"citation_percentile":0.88299156,"influential_citations":0,"citation_trend":[{"year":2012,"count":1},{"year":2014,"count":1},{"year":2017,"count":1},{"year":2019,"count":2},{"year":2022,"count":1}],"oa_status":"closed","license":"http://onlinelibrary.wiley.com/termsAndConditions#vor","oa_locations":[{"url":"http://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fj.1574-0862.2006.00107.x","host_type":"publisher"},{"url":"https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1574-0862.2006.00107.x","host_type":"publisher"},{"url":"http://doi.org/10.1111/j.1574-0862.2006.00107.x","host_type":"journal"},{"url":"https://doi.org/10.1111/j.1574-0862.2006.00107.x","host_type":"repository"}],"fields_of_study":["Wine Industry and Tourism","Economics of Agriculture and Food Markets","Forest Management and Policy","Economics"],"mesh_terms":[],"keywords":["Disequilibrium","Economics","Econometrics","Market clearing","Point (geometry)","Supply and demand","Econometric model","Microeconomics","Mathematics"],"sdg_mappings":[],"linked_datasets":[],"clinical_trials":[],"software_tools":[],"database_accessions":[],"source":"live","citation_network_status":"fetched"},"created_at":"2026-06-01T21:12:29.086684Z","pmid":null,"pmcid":null,"fwci":null,"citation_percentile":null,"influential_citations":0,"oa_status":null,"license":null,"views":0,"total_file_size_bytes":0,"version_count":0,"fair_f":null,"fair_a":null,"fair_i":null,"fair_r":null,"fair_zscore":null,"fair_rationale":null,"fair_model":null,"fair_agent_version":null,"fair_fulltext_source":null,"fair_has_llm":null,"fair_computed_at":null,"clinical_trials":[],"software_tools":[],"db_accessions":[],"linked_datasets":[],"topics":[]}