Intra-Industry Trade in a Rapidly Globalizing Industry: The Case of Wine

Kym Anderson, Joseph Francois, Douglas Nelson and Glyn Wittwer

Chapter 4 in The International Economics of Wine, 2019, pp 91-113 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This paper overviews the current structure and dynamics of international trade in wine with an emphasis on its intra-industry features. Using network analytic methods, we illustrate developments in the world’s wine markets since the mid-1960s around a relatively stable core of countries. Those developments include both evolving demands for wine and, on the supply side, a rapidly emerging group of countries entering the core without displacing the original members. Not surprisingly, given that the analysis is based on bilateral trade in a single product, the developing patterns of intra-industry trade are quite consistent with the patterns revealed in the network analysis.

Keywords: Wine Globalization; Australia's Wine Internationalization; Wine Markets in Asia; Wine Price Distortions; Modelling Global Wine Markets (search for similar items in EconPapers)
JEL-codes: L66 O13 (search for similar items in EconPapers)
Date: 2019
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Related works:
Journal Article: Intra-industry Trade in a Rapidly Globalizing Industry: The Case of Wine (2016)
Working Paper: Intra-Industry Trade in a Rapidly Globalizing Industry: The Case of Wine (2016)
Working Paper: Intra-industry trade in a rapidly globalizing industry: the case of wine (2016)
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