arbiter
JournalsPricingAccount

A structural break analysis of <i>Wine Spectator</i> ’s Top 100, 1988–2025

Ömer Gökçekuş

Journal of Wine Economics2026https://doi.org/10.1017/jwe.2026.10116article
ABDC C
Weight
0.50

What the paper says

Abstract Using Wine Spectator ’s Top 100 lists for 1988–2025, this note applies Bai–Perron structural break tests to regional and country shares and identifies three distinct periods: 1988–1997, 1998–2015, and 2016–2025. Real prices decline across phases, with the sharpest drop in the most recent period, while scores remain stable and concentration falls sharply between the first two periods and then levels off. Turnover also declines in the most recent period, indicating reduced year-to-year movement in regional representation. Robust regressions confirm that prices are lower in periods with lower concentration. The findings extend earlier JWE studies by providing a longer horizon and a structural break perspective on long-run changes in representation and pricing.

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1017/jwe.2026.10116

Or copy a formatted citation

@article{ömer2026,
  title        = {{A structural break analysis of <i>Wine Spectator</i> ’s Top 100, 1988–2025}},
  author       = {Ömer Gökçekuş},
  journal      = {Journal of Wine Economics},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1017/jwe.2026.10116},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

A structural break analysis of <i>Wine Spectator</i> ’s Top 100, 1988–2025

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.