Abstract
New production and trade patterns due to climate change and policy interventions are increasingly affecting the wine sector. This paper investigates how patterns of production and trade in main wine producing regions respond to changes in climate and policy interventions. An approach based on a combination of Ricardian trade and climate models suggests that higher temperatures in the main producing regions of wine benefit both production and trade of wine. A gravity-based analysis shows that the effects of policy interventions on the global trade of wine are heterogeneous and dependent on the specific objective of the intervention.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
