CATCHING-UP TRAJECTORIES IN THE WINE SECTOR: A COMPARATIVE STUDY OF CHILE, ITALY AND SOUTH AFRICA

Lucia Cusmano (), Andrea Morrison () and Roberta Rabellotti ()

No 48299, Working Papers from American Association of Wine Economists

Abstract: From a development perspective an investigation of the changes that have occurred in the wine industry is of particular interest because it provides evidence on how emerging economies have been able to acquire significant shares of the international market in a dynamic sector. Based on novel empirical evidence as well as secondary sources, this paper shows that emerging countries with diverse institutional models and innovation strategies, have been driving the process of technological modernization and product standardization. Newcomers in the wine sector have responded particularly effectively to changes in consumption habits, and in aligning emerging scientific approaches with institutional building efforts and successful marketing strategies.

Keywords: wine; South Africa; Chile; Italy; emerging economies; Agribusiness; Institutional and Behavioral Economics (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr and nep-mkt
Date: 2009-03
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Related works:
Working Paper: Catching-up Trajectories in the Wine Sector: A Comparative Study on Chile, Italy and South Africa (2009)
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