Asia’s Evolving Role in Global Wine Markets

Kym Anderson and Glyn Wittwer

Chapter 14 in The International Economics of Wine, 2019, pp 347-377 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Over the past decade Hong Kong and China have become far more important to the world’s wine markets, while Southeast Asia’s imports of fine wine continue to grow steadily. This paper reviews recent developments in the light of comparative advantage theory before drawing on a model of global wine markets to project developments in Asia and elsewhere over the next five years under various economic growth, real exchange rate, and policy assumptions. It concludes that China is set to continue to be by far the most dominant player in Asia, and to change global markets for wines dramatically, just as it has been doing and will continue to do for so many other products.

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
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811202094_0014 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811202094_0014 (text/html)
Ebook Access is available upon purchase.

Related works:
Journal Article: Asia's evolving role in global wine markets (2015)
Working Paper: Asia’s Evolving Role in Global Wine Markets (2015)
Working Paper: Asia?s Evolving Role in Global Wine Markets (2015)
Working Paper: Asia’s Evolving Role in Global Wine Markets (2015)
Working Paper: Asia's Evolving Role in Global Wine Markets (2014)
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:wsi:wschap:9789811202094_0014

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().