Title: Changes in the international wine market competitiveness

Authors: A. Galati; S. Tinervia; M. Crescimanno; F. Spezia

Addresses: Department of Agricultural, Food and Forest Sciences, Università degli Studi di Palermo, Viale delle Scienze, Building 4, 90128, Palermo, Italy ' Department of Agricultural, Food and Forest Sciences, Università degli Studi di Palermo, Viale delle Scienze, Building 4, 90128, Palermo, Italy ' Department of Agricultural, Food and Forest Sciences, Università degli Studi di Palermo, Viale delle Scienze, Building 4, 90128, Palermo, Italy ' Department of Agricultural, Food and Forest Sciences, Università degli Studi di Palermo, Viale delle Scienze, Building 4, 90128, Palermo, Italy

Abstract: This study offers a contribution to understanding the complexity of the international wine trade analysing the specialisation patterns of 14 among the most important wine world actors in the period 2007-2016, in order to verify if the patterns of comparative advantages for the trade of this countries have experienced significant changes. Using the Lafay index, as a comparative advantage measure, our results reveal deep changes in the global wine market exchange. Our result constitutes a base element for the future development of the competitive scenario and provides some both theoretical and practical implications. In the baseline projection, the maintenance of the competitive position is closely linked to the needs to know the specificities, the differences, the sizes and the economic opportunities for each of the countries target, in order to undertake targeted actions and effective strategies.

Keywords: Lafay index; trade specialisation; comparative advantage; wine trade.

DOI: 10.1504/IJGSB.2017.089901

International Journal of Globalisation and Small Business, 2017 Vol.9 No.4, pp.277 - 293

Received: 14 Sep 2016
Accepted: 24 Aug 2017
Published online: 16 Feb 2018 *

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