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Projecting the world wine market from 2003 to 2010

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  • Wittwer, Glyn
  • Rothfield, Jeremy

Abstract

Rapid New World supply increases are imposing downward pressures on prices for grape and wine producers. A per capita decrease in wine consumption in the world’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 world’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.

Suggested Citation

  • Wittwer, Glyn & Rothfield, Jeremy, 2005. "Projecting the world wine market from 2003 to 2010," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 13.
    • Handle: RePEc:ags:auagre:126557
    DOI: 10.22004/ag.econ.126557
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    References listed on IDEAS

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    1. Meagher, G.A. & Parmenter, B.R. & Rimmer, R.J. & Clements, Kenneth W., 1985. "ORANI-WINE: Tax Issues and the Australian Wine Industry," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 53(02), pages 1-16, August.
    2. W. Jill Harrison & J. Mark Horridge & K.R. Pearson, 2000. "Decomposing Simulation Results with Respect to Exogenous Shocks," Computational Economics, Springer;Society for Computational Economics, vol. 15(3), pages 227-249, June.
    3. Glyn Wittwer & Kym Anderson, 2019. "Impact of the GST and Wine Tax Reform on Australia’s Wine Industry: A CGE Analysis," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 17, pages 415-435, World Scientific Publishing Co. Pte. Ltd..
    4. Harrison, W Jill & Pearson, K R, 1996. "Computing Solutions for Large General Equilibrium Models Using GEMPACK," Computational Economics, Springer;Society for Computational Economics, vol. 9(2), pages 83-127, May.
    5. Kym Anderson & David Norman & Glyn Wittwer, 2019. "Globalisation of the World’s Wine Markets," World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 2, pages 27-50, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Fleming, Euan M. & Thiemann, Franziska & Mueller, Rolf A.E., 2011. "Information and Communication Technology and the Global Flow of Wine: A Gravity Model of ICT in Wine Trade," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114353, European Association of Agricultural Economists.

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