World Wine Exports: What Determined the Success of the ‘New World’ Wine Producers?
AbstractThis paper looks at the evolution of the world wine industry in the period 1961-2005. A particular stylized fact is the appearance of non-traditional producing and exporting countries of wine from the beginning of the nineties. We show that the success of these new producing and exporting countries can be explained by the importance of the demand from non-producing countries with little or no tradition of wine consumption, relative to the world demand. This stylized fact is consistent with a testable implication of the switching cost literature and to the best of our knowledge this is the first time that this implication is tested.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Centre for Research into Industry, Enterprise, Finance and the Firm in its series CRIEFF Discussion Papers with number 1103.
Date of creation: Jul 2011
Date of revision:
Contact details of provider:
Postal: School of Economics and Finance, University of St. Andrews, Fife KY16 9AL
Phone: 01334 462420
Fax: 01334 462438
Web page: http://crieff.wordpress.com/
More information through EDIRC
exports; wine; industry dynamics; switching costs; new entrant.;
Find related papers by JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-08-09 (Agricultural Economics)
- NEP-ALL-2011-08-09 (All new papers)
- NEP-HIS-2011-08-09 (Business, Economic & Financial History)
- NEP-INT-2011-08-09 (International Trade)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Farrell, Joseph & Klemperer, Paul, 2007.
"Coordination and Lock-In: Competition with Switching Costs and Network Effects,"
Handbook of Industrial Organization,
- Joseph Farrell & Paul Klemperer, 2006. "Co-ordination and Lock-in: Competition with Switching Costs and Network Effects," Economics Papers 2006-W07, Economics Group, Nuffield College, University of Oxford.
- Farrell, Joseph & Klemperer, Paul, 2006. "Coordination and Lock-In: Competition with Switching Costs and Network Effects," CEPR Discussion Papers 5798, C.E.P.R. Discussion Papers.
- Farrell, Joseph & Klemperer, Paul, 2006. "Coordination and Lock-In: Competition with Switching Costs and Network Effects," Competition Policy Center, Working Paper Series qt9n26k7v1, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Borenstein, Severin & Rose, Nancy L, 1994.
"Competition and Price Dispersion in the U.S. Airline Industry,"
Journal of Political Economy,
University of Chicago Press, vol. 102(4), pages 653-83, August.
- Severin Borenstein & Nancy L. Rose, 1995. "Competition and Price Dispersion in the U.S. Airline Industry," NBER Working Papers 3785, National Bureau of Economic Research, Inc.
- Richard Kneller & Mauro Pisu & Zhihong Yu, 2008. "Overseas business costs and firm export performance," Canadian Journal of Economics, Canadian Economics Association, vol. 41(2), pages 639-669, May.
- Nassimbeni, Guido, 2001. "Technology, innovation capacity, and the export attitude of small manufacturing firms: a logit/tobit model," Research Policy, Elsevier, vol. 30(2), pages 245-262, February.
- Klemperer, Paul, 1995. "Competition When Consumers Have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade," Review of Economic Studies, Wiley Blackwell, vol. 62(4), pages 515-39, October.
- Head, Keith & Mayer, Thierry, 2006.
"Regional wage and employment responses to market potential in the EU,"
Regional Science and Urban Economics,
Elsevier, vol. 36(5), pages 573-594, September.
- Head, Charles Keith & Mayer, Thierry, 2005. "Regional Wage and Employment Responses to Market Potential in the EU," CEPR Discussion Papers 4908, C.E.P.R. Discussion Papers.
- Joseph Farrell and Carl Shapiro., 1988.
"Dynamic Competition with Switching Costs,"
Economics Working Papers
8865, University of California at Berkeley.
- Gabszewicz, Jean & Pepall, Lynne & Thisse, Jacques-Francois, 1992.
"Sequential Entry with Brand Loyalty Caused by Consumer Learning-by-Using,"
Journal of Industrial Economics,
Wiley Blackwell, vol. 40(4), pages 397-416, December.
- Gabszewicz, J.J. & Pepall, L. & Thisse, J.F., 1992. "Sequential Entry with Brand Loyalty Caused by Consumer Learning-by-Using," Papiers d'Economie MathÃÂ©matique et Applications 92-17, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
- GABSZEWICZ, Jean J. & PEPALL, Lynne & THISSE, Jacques-François, . "Sequential entry with brand loyalty caused by consumer learning-by-using," CORE Discussion Papers RP -1018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Leslie E. Papke & Jeffrey M. Wooldridge, 1993.
"Econometric Methods for Fractional Response Variables with an Application to 401(k) Plan Participation Rates,"
NBER Technical Working Papers
0147, National Bureau of Economic Research, Inc.
- Papke, Leslie E & Wooldridge, Jeffrey M, 1996. "Econometric Methods for Fractional Response Variables with an Application to 401(K) Plan Participation Rates," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(6), pages 619-32, Nov.-Dec..
- Dijk, van M., 2001. "The Determinants of Export Performance in Developing Countries: The Case of Indonesian Manufacturing," Eindhoven Center for Innovation Studies (ECIS) working paper series 02.01, Eindhoven Center for Innovation Studies (ECIS).
- Beggs, Alan & Klemperer, Paul, 1990.
"Multi-Period Competition with Switching Costs,"
CEPR Discussion Papers
436, C.E.P.R. Discussion Papers.
- Schmalensee, Richard, 1982.
"Product Differentiation Advantages of Pioneering Brands,"
American Economic Review,
American Economic Association, vol. 72(3), pages 349-65, June.
- Schmalensee, Richard., 1980. "Product differentiation advantages of pioneering brands," Working papers 1140-80., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Ruqu Wang & Quan Wen, 1998. "Strategic Invasion in Markets with Switching Costs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(4), pages 521-549, December.
- Raúl Serrano & Vicente Pinilla, 2006. "Causes of World Trade Growth in Agricultural and Food Products, 1951 - 2000," Documentos de Trabajo dt2006-07, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
- Alan Duncan & David Greenaway, 2008. "The Economics of Wine - Introduction," Economic Journal, Royal Economic Society, vol. 118(529), pages F137-F141, 06.
- Simpson, James, .
"Old World versus New World : the origins of organizational diversity in the international wine industry, 1850-1914,"
Open Access publications from Universidad Carlos III de Madrid
info:hdl:10016/3742, Universidad Carlos III de Madrid.
- James Simpson, 2009. "Old World versus New World: the origins of organizational diversity in the international wine industry, 1850-1914," Working Papers in Economic History wp09-01, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Klemperer, Paul D, 1987. "Entry Deterrence in Markets with Consumer Switching Costs," Economic Journal, Royal Economic Society, vol. 97(388a), pages 99-117, Supplemen.
- Kym Anderson & David Norman & Glyn Wittwer, 2003.
"Globalisation of the World's Wine Markets,"
The World Economy,
Wiley Blackwell, vol. 26(5), pages 659-687, 05.
- Stephen Roper & James H. Love & Dolores Añon Hígon, 2006. "The Determinants Of Export Performance: Evidence For Manufacturing Plants In Ireland And Northern Ireland," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(5), pages 586-615, November.
- Matthew Shum, 2004. "Does Advertising Overcome Brand Loyalty? Evidence from the Breakfast-Cereals Market," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(2), pages 241-272, 06.
- Alessandro Sterlacchini, 2001. "The determinants of export performance: A firm-level study of Italian manufacturing," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 137(3), pages 450-472, September.
- David Greenaway & Richard Kneller, 2007. "Firm heterogeneity, exporting and foreign direct investment," Economic Journal, Royal Economic Society, vol. 117(517), pages F134-F161, 02.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bram Boskamp).
If references are entirely missing, you can add them using this form.