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.
Original language | English |
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Pages (from-to) | 820-836 |
Number of pages | 17 |
Journal | Review of International Economics |
Volume | 24 |
Issue number | 4 |
DOIs | |
Publication status | Published - 1 Sept 2016 |
Externally published | Yes |