The Role of Contracts in Wine Grape Supply Coordination: An Overview
Iain Fraser ()
Australasian Agribusiness Review, 2003, vol. 11
In this paper the role of contracts in coordinating the supply of grapes between independent wine grape growers and wineries is examined. A review of technical issues that underpin the design and implementation of contracts provides insights into the wine industry. A review of the economics literature on contractual relations in the wine industry indicates that although grape contracts are important they are subject to a number of problems. In particular, the precise determination of grape quality is a source of tension, as are current pricing arrangements.
Keywords: contracts; supply; wine grape; growers; wineries; wine industry; grape quality; economics; contractual relations; Agribusiness; Demand and Price Analysis; Farm Management; Financial Economics; Marketing; Production Economics; Resource /Energy Economics and Policy; Teaching/Communication/Extension/Profession; ISSN 1442-6951 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:ags:auagre:132539
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