Terroir Rising? Varietal and Quality Distinctiveness of AustraliaÂ’s Wine Regions
AustraliaÂ‘s export-led growth in demand for commercial bottled wine was based in part on producer freedom (relative to Europeans) to blend wines across the full range of varieties and geographic regions, so as to be able to reproduce year after year a consistent style for each label. Over time, however, that has led some buyers in the Old WorldÂ‘ to believe Australian wine makers do not respect or exploit regional differences in terroir or, worse still, that Australia is incapable of making high-quality, regionally distinct wines. This paper examines empirically the changing extent to which Australian wine regions do in fact vary in their choice of wine grape varieties and in the average quality of those wine grapes. Its new new quantitative indexes may also provide a base for simulating the potential impacts on different regions of climate change and of adaptive responses to it. The study focuses on 30 of AustraliaÂ‘s wine grape regions and on the top 12 red and 10 white wine grape varieties that together account for all but 6 or 7 percent of AustraliaÂ‘s wine grape crush.
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- Anderson, Kym & Wood, Danielle, 2005.
"What Determines the Future Value of an Icon Wine? New Evidence from Australia,"
CEPR Discussion Papers
5044, C.E.P.R. Discussion Papers.
- Wood, Danielle & Anderson, Kym, 2006. "What Determines the Future Value of an Icon Wine? New Evidence from Australia," Journal of Wine Economics, Cambridge University Press, vol. 1(02), pages 141-161, September.
- Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
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