IDEAS home Printed from https://ideas.repec.org/a/ags/aareaj/116981.html
   My bibliography  Save this article

Trends versus cycles in global wine export shares

Author

Listed:
  • Labys, Walter C.
  • Cohen, Bruce C.

Abstract

The global wine market has witnessed major changes in recent years. Some of these changes are structural in nature or trend-following, whereas others are cyclical. Recently, new market entrants have increased their exports not only to traditional European markets but to other importing regions as well, whereas Old World producers have experienced declining market shares. However, the evidence examined here suggests that market share data also contain strong cyclical components. Mixed results also occur when the wine export data are disaggregated into products. This paper employs econometric methods to analyse the recent major shifts in world wine market shares and explains whether these are more of a secular trend-setting nature or of a temporary cyclical nature.

Suggested Citation

  • Labys, Walter C. & Cohen, Bruce C., 2006. "Trends versus cycles in global wine export shares," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(4), pages 1-11, December.
    • Handle: RePEc:ags:aareaj:116981
    DOI: 10.22004/ag.econ.116981
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/116981/files/j.1467-8489.2006.00344.x.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.116981?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Linda F. Bisson & Andrew L. Waterhouse & Susan E. Ebeler & M. Andrew Walker & James T. Lapsley, 2002. "The present and future of the international wine industry," Nature, Nature, vol. 418(6898), pages 696-699, August.
    2. repec:bla:ausecr:v:34:y:2001:i:2:p:179-189 is not listed on IDEAS
    3. Glyn Wittwer & Nick Berger & Kym Anderson, 2019. "A Model of the World’s Wine Markets," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 1, pages 3-26, World Scientific Publishing Co. Pte. Ltd..
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ping Qing & Aiqin Xi & Wuyang Hu, 2015. "Self-Consumption, Gifting, and Chinese Wine Consumers," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(4), pages 601-620, December.
    2. Cembalo, Luigi & Caracciolo, Francesco & Pomarici, Eugenio, 2014. "Drinking cheaply: the demand for basic wine in Italy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(3), July.
    3. Astrid Fliessbach & Rico Ihle, 2020. "Cycles in cattle and hog prices in South America," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(4), pages 1167-1183, October.
    4. Seccia, Antonio & Santeramo, Fabio Gaetano & Nardone, Gianluca, 2015. "Trade competitiveness in table grapes: a global view," MPRA Paper 70931, University Library of Munich, Germany.
    5. Qing, Ping & Hu, Wuyang, 2016. "Chinese Consumer Preference for Red Wine Attributes," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235477, Agricultural and Applied Economics Association.
    6. Noa Ohana-Levi & Yishai Netzer, 2023. "Long-Term Trends of Global Wine Market," Agriculture, MDPI, vol. 13(1), pages 1-26, January.
    7. Lamonaca, Emilia & Seccia, Antonio & Santeramo, Fabio Gaetano, 2023. "Climate cha(lle)nges in global wine production and trade patterns," MPRA Paper 119296, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mario Cunha & Christian Richter, 2018. "Impact Of Climate Dynamics On Cyclical Properties Of Wine Production In Douro Region Using A Time-Frequency Approach," Working Papers 47, The German University in Cairo, Faculty of Management Technology.
    2. George Verikios, 2004. "A Model of the World Wool Market," Economics Discussion / Working Papers 04-24, The University of Western Australia, Department of Economics.
    3. Katharina Spraul & Annegret Höfert, 2021. "Governance for Sustainability: Patterns of Regulation and Self-Regulation in the German Wine Industry," Sustainability, MDPI, vol. 13(6), pages 1-25, March.
    4. Streletskaya, Nadia A., 2016. "Social Presence and Shopping Behavior: Evidence from Video Data," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236571, Agricultural and Applied Economics Association.
    5. Paroissien, Emmanuel, 2020. "Forecasting bulk prices of Bordeaux wines using leading indicators," International Journal of Forecasting, Elsevier, vol. 36(2), pages 292-309.
    6. Rosa Misso & Zacharoula Andreopoulou, 2017. "Wine and Health: A sustainable governance for a responsible communication," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(1), pages 91-105.
    7. Zhao, Xueyan & Anderson, Kym & Wittwer, Glyn, 2002. "Who Gains from Australian Generic Wine R&D and Promotion?," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125627, Australian Agricultural and Resource Economics Society.
    8. Xueyan Zhao, 2003. "Who bears the burden and who receives the gain?-The case of GWRDC R&D investments in the Australian grape and wine industry," Agribusiness, John Wiley & Sons, Ltd., vol. 19(3), pages 355-366.
    9. Marette, Stephan & Zago, Angelo M., 2003. "Advertising, Collective Action, And Labeling In The European Wine Markets," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(3), pages 1-10, November.
    10. Marshall, R. Scott & Akoorie, Michèle E.M. & Hamann, Ralph & Sinha, Paresha, 2010. "Environmental practices in the wine industry: An empirical application of the theory of reasoned action and stakeholder theory in the United States and New Zealand," Journal of World Business, Elsevier, vol. 45(4), pages 405-414, October.
    11. Theodoros Markopoulos & Dimitra Stougiannidou & Stavros Kontakos & Christos Staboulis, 2023. "Wine Quality Control Parameters and Effects of Regional Climate Variation on Sustainable Production," Sustainability, MDPI, vol. 15(4), pages 1-17, February.
    12. Kym Anderson & Glyn Wittwer, 2019. "Asia’s Evolving Role in Global Wine Markets," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 14, pages 347-377, World Scientific Publishing Co. Pte. Ltd..
    13. George Vlahos, 2020. "Farming System Transformation Impacts on Landscape: A Case Study on Quality Wine Production in a Highly Contested Agricultural Landscape," Land, MDPI, vol. 9(4), pages 1-19, April.
    14. MG. Brandano & C. Detotto & M. Vannini, 2012. "Comparative efficiency of producer cooperatives and conventional firms in a sample of quasi-twin companies," Working Paper CRENoS 201228, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    15. Xueyan Zhao & Kym Anderson & Glyn Wittwer, 2019. "Who Gains from Australian Generic Wine Promotion and R&D?," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 9, pages 189-223, World Scientific Publishing Co. Pte. Ltd..
    16. Festa, Giuseppe & Cuomo, Maria Teresa & Metallo, Gerardino & Festa, Antonio, 2016. "The (r)evolution of wine marketing mix: From the 4Ps to the 4Es," Journal of Business Research, Elsevier, vol. 69(5), pages 1550-1555.
    17. Niklas, Britta, 2024. "The effect of South African wine certifications on price premiums and marginal costs: A two-stage hedonic approach," Economic Modelling, Elsevier, vol. 132(C).
    18. Félix Calle & Ángela González-Moreno & Inmaculada Carrasco & Manuel Vargas-Vargas, 2020. "Social Economy, Environmental Proactivity, Eco-Innovation and Performance in the Spanish Wine Sector," Sustainability, MDPI, vol. 12(15), pages 1-26, July.
    19. Kym Anderson, 2010. "The New World in Globalizing Wine Markets: Lessons from Australia," Wine Economics Research Centre Working Papers 2010-09, University of Adelaide, Wine Economics Research Centre.
    20. Blume, Roni & Pedrozo, Eugenio Avila, 2008. "A Noção De Terroir E Sua Influência Na Dinamização Da Cadeia Produtiva Dos Vinhos Finos," 46th Congress, July 20-23, 2008, Rio Branco, Acre, Brazil 109783, Sociedade Brasileira de Economia, Administracao e Sociologia Rural (SOBER).

    More about this item

    Keywords

    International Relations/Trade;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aareaj:116981. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.