IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v31y2024i14p1321-1326.html
   My bibliography  Save this article

Impact of an exogenous shock (COVID-19) on the performance of Portuguese wine firms: a structural break analysis

Author

Listed:
  • Samuel Faria
  • Alexandre Guedes
  • João Rebelo
  • Sofia Gouveia

Abstract

The COVID-19 pandemic crisis was responsible for disruptions in most industries worldwide, being the wine industry a good example of how changes in the economic and social environment impacted firm performance. This research investigates whether such impacts represent a structural change to firms’ profitability and explore the internal sources of such change. We consider firm-level data from Portuguese wineries, from 2014 to 2020 and apply a series of structural break tests to the period. The results allow us to conclude that the entire profitability function suffered significant changes, being COVID-19 indeed a game-breaker for wineries’ profitability.

Suggested Citation

  • Samuel Faria & Alexandre Guedes & João Rebelo & Sofia Gouveia, 2024. "Impact of an exogenous shock (COVID-19) on the performance of Portuguese wine firms: a structural break analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 31(14), pages 1321-1326, August.
    • Handle: RePEc:taf:apeclt:v:31:y:2024:i:14:p:1321-1326
    DOI: 10.1080/13504851.2023.2186348
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2023.2186348
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2023.2186348?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:taf:apeclt:v:31:y:2024:i:14:p:1321-1326. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    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.