A spatial micro-econometric approach to estimating climate change impacts on wine firm performance: A case study from Moldavia region, Romania

Maria De Salvo (), Diego Begalli (), Roberta Capitello and Giovanni Signorello ()

Agricultural Systems, 2015, vol. 141, issue C, 48-57

Abstract: This article proposes a micro-econometric approach to assess climate change impacts on wine industry performance in the Moldavia region of Romania. In the assessment we consider the spatial variability of wine-growing micro-areas and employ a small scale for the analysis. Results show that vineyard revenue is influenced by a local effect. Spatial differences among municipalities are highlighted and are driven by vineyard locations and distance from urban areas. Differences at the local scale reflect the presence of structural and environmental constraints. Findings demonstrate that climate change impacts vary significantly among simulated scenarios. The simulated increase in temperature should compensate for the negative effect caused by rainfall changes. Results also suggest that winegrowers should benefit from climate change, although this will depend on the vineyard's location. Potential policy measures designed to remove local constraints and to capitalise on the positive effects of climate change are discussed.

Keywords: Climate change impacts; Moldavia (Romania); Spatial micro-econometric approach; Wine industry (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0308521X15300317
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:agisys:v:141:y:2015:i:c:p:48-57

DOI: 10.1016/j.agsy.2015.09.008

Access Statistics for this article

Agricultural Systems is currently edited by J.W. Hansen, P.K. Thornton and P.B.M. Berentsen

More articles in Agricultural Systems from Elsevier
Bibliographic data for series maintained by Catherine Liu ().