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Port Wine Dynamics: Production, Trade And Market Structure

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  • REBELO, João

    ()

  • CORREIA, Leonida

    ()

Abstract

In the last decades the world has seen some acceleration in the process of internationalization, affecting virtually all industries. The wine sector is no exception, witnessing increased exports and imports and a movement of mergers and acquisitions. Among European wines, Port Wine can be seen as a representative case of integration in international markets, with about 90% of its production to be exported. After the World War II, although the Port Wine activity has been subjected to cycles there has been a trend towards a continued increase in production and exports, stabilization of real market prices and a slight increase in the real prices paid to grape growers, leading to positive economic effects for Port Wine firms and grape growers.

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Bibliographic Info

Article provided by Euro-American Association of Economic Development in its journal Regional and Sectoral Economic Studies.

Volume (Year): 8 (2008)
Issue (Month): 1 ()
Pages: 99-114

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Handle: RePEc:eaa:eerese:v:8:y2008:i:8_6

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Related research

Keywords: wine; Douro; dynamics; market; concentration;

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Cited by:
  1. Rebelo, Joao & Muhr, Dorli, 2012. "Innovation in wine SMEs: the Douro Boys informal network," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 114(2), October.

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