Projecting the world wine market from 2003 to 2010
AbstractRapid New World supply increases are imposing downward pressures on prices for grape and wine producers. A per capita decrease in wine consumption in the worldâ€™s largest wine producers is being offset by consumption increases elsewhere, and growing consumer preferences for higher quality wines. We use a global wine model to project the worldâ€™s wine markets from 2003 to 2010. Our decomposition of results allows us to examine the contribution of different market forces to changes in prices and outputs relative to 2003.
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Bibliographic InfoArticle provided by University of Melbourne, Melbourne School of Land and Environment in its journal Australasian Agribusiness Review.
Volume (Year): 13 (2005)
Issue (Month): ()
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Web page: http://www.agrifood.info/review/
Wine; New World; wine consumption; consumer preference; grape producers; wine producers; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; International Development; Marketing; Production Economics; Teaching/Communication/Extension/Profession; ISSN 1442-6951;
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