Data and Results for Wine Regressions as Reported in Chance Magazine by Ashenfelter, Ashmore and Lalonde BASIC MODEL 1 Model: MODEL1 Dependent Variable: LPRICE2 Logarithm of Average Vintage Price Relative to 1961 Variable Definitions Variable DF Label INTERCEP 1 Intercept WRAIN 1 Winter (Oct.-March) Rain ML DEGREES 1 Average Temperature (Deg Cent.) April-Sept. HRAIN 1 Harvest (August and Sept.) ML
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