The success of new exporting countries in a traditional Agri-business industry, 1961-2005
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Osiris J. Parcero
Abstract
This 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.
©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Article
- Local Price Competition: The Case of Swedish Food Retailers
- The Pro-Competitive Effect of Coffee Cooperatives in Chiapas, Mexico
- Consumer Preferences for Eco, Health and Fair Trade Labels. An Application to Seafood Product in France
- Measuring Market Power and Welfare Losses in the Greek Food and Beverages Manufacturing Industry
- Buyer Power and Vertically Differentiated Retailers
- Picking Apples: Can Multi-Attribute Ecolabels Compete?
- Can Labeling and Information Policies Harm Consumers?
- Processor's Preferences and Basic Differentiation Strategies for Potatoes, Milk, and Wheat in Switzerland
- The Impact of Food Environment on Private Label versus Branded Produce Choice
- The success of new exporting countries in a traditional Agri-business industry, 1961-2005