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In: Policy Discussion Papers, 98/06
World Affairs Online
Now more than one-third of all wine consumed globally is produced in another country, and Europe's dominance of global wine trade has been greatly diminished by the surge of exports from 'New World' producers. This latest edition of global wine statistics therefore not only updates data to 2009 and revises past data, but also expands on earlier editions in a number of ways
In: Reprints collection: Economics
World Affairs Online
World Affairs Online
World Affairs Online
In: Adelaide. University. Dept. of Adult Education. Publication no. 9
In: Wine Economics Research Centre working paper 0410
This paper examines empirically two distinguishing aspects of the world's wine regions: their degree of specialization in certain varieties, as measured by a varietal intensity index; and their similarity with the varietal mix of other regions, as measured by a varietal-based regional similarity index. Twelve of the most important wine-producing countries, that together account for all but one-eighth of the world's winegrapes, are included in the analysis. The data refer to circa 2000 (or 1999 for EU member countries, since that is their most recent census data). These indexes provide a baseline against which to compare more recent and future vintages. They will be especially useful as producers and regulators respond at varying speeds to the impacts of climate changes, in addition to market developments, on the optimal location of production of different varieties around the world
In: Wine Economics Research Centre working paper 0210
We provide economy-wide modeling results of the national and regional implications of two current challenges facing the Australian wine industry: a decline in export demand for premium wines, and a possible change in the tax on domestic wine sales following the Henry Review of Taxation. The demand shock causes regional GDP to fall in the cool and warm wine regions but not in the hot wine regions unless the shock is large. A change from the current ad valorem tax to a similarly low volumetric tax on domestic wine sales causes regional GDP to rise in the cool and warm wine regions, partly offsetting its fall due to the export demand shock; but GDP in the hot wine regions would fall substantially. The switch to a volumetric tax as high as the standard beer rate would raise tax revenue and lower domestic wine consumption by more than one-third, but would induce a one-third decrease in production of non-premium wine as its consumer price would rise by at least three-quarters (while the average price of super premium wines would change very little), hence exacerbating the difference in effects of a tax reform on hot versus warm and cool wine regions' GDP
In: Wine Economics Research Centre working paper 0310
Australia's wine industry has been through major structural changes over the past six decades and has grown especially rapidly since the early 1990s. Investments in generic promotion and in grape and wine research and development have been significant features of the industry throughout that period, and have grown in importance following the formation in the early 1990s of the Australian Wine Export Council and the Grape and Wine R&D Corporation which coordinates the investing of grapegrower and winemaker national levies and matching federal government funding for such generic promotion and R&D. This paper summarizes that recent history, and concludes by speculating on the scope for and likely approaches to innovation in the future