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Does Wine Quality Have a Bearing on Exports?

Author

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  • Anthony Macedo
  • Sofia Gouveia
  • João Rebelo

Abstract

This study examines the macroeconomic determinants of exports, taking quality into account through vertical differentiation and using data on Portuguese Douro wines. Based on a gravity model from 2006 to 2015 and covering a range of 192 potential trade partners, estimations show that quality influences export performance. However, quality differences are not assimilated in the same way in all international markets, resulting in an export surplus of the best categories of wine to some world regions (West Europe and AngloSaxon countries) and a correspondingly export deficit to other regions (Middle East, North Africa, East Europe and Central Asia).

Suggested Citation

  • Anthony Macedo & Sofia Gouveia & João Rebelo, 2019. "Does Wine Quality Have a Bearing on Exports?," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 11(4), December.
    • Handle: RePEc:ags:aolpei:303924
    DOI: 10.22004/ag.econ.303924
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    References listed on IDEAS

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    Cited by:

    1. Anthony Macedo & Sofia Gouveia & João Rebelo, 2020. "Macroeconomic determinants of Port and Douro wine exports: An econometric approach," REGION, European Regional Science Association, vol. 7, pages 1-8.
    2. Miroslava Navrátilová & Markéta Beranová & Lucie Severová & Karel Šrédl & Roman Svoboda & Josef Abrhám, 2020. "The Impact of Climate Change on the Sugar Content of Grapes and the Sustainability of their Production in the Czech Republic," Sustainability, MDPI, vol. 13(1), pages 1-18, December.
    3. Macedo, Anthony & Rebelo, João & Gouveia, Sofia, 2019. "Export propensity and intensity in the wine industry: a fractional econometric approach," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 8(3), December.

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