Does Wine Quality Have a Bearing on Exports?
Anthony Macedo,
Sofia Gouveia and
João Rebelo
AGRIS on-line Papers in Economics and Informatics, 2019, vol. 11, issue 4
Abstract:
This study examines the macroeconomic determinants of exports, taking quality into account through vertical differentiation and using data on Portuguese Douro wines. Based on a gravity model from 2006 to 2015 and covering a range of 192 potential trade partners, estimations show that quality influences export performance. However, quality differences are not assimilated in the same way in all international markets, resulting in an export surplus of the best categories of wine to some world regions (West Europe and AngloSaxon countries) and a correspondingly export deficit to other regions (Middle East, North Africa, East Europe and Central Asia).
Keywords: Agribusiness; Agricultural and Food Policy; Agricultural Finance; Marketing (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aolpei:303924
DOI: 10.22004/ag.econ.303924
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