The aim of this work is to explain the magnitude of the trade flows for high quality wine from Italy to its main importing countries. This objective has been reached by establishing an appropriate econometric model derived from an extended form of the “Gravity Model”. This model has been...

Competition in international wine market has recently become more intense because of several factors and, in particular, the progressive reduction in world-wide consumption, the addition of new producing countries such as Australia, Chile, the USA and South Africa (the so called New World wine...

In order to fully understand Syrah wine market in Italy both supply and demand need to be studied. While supply is analyzed with the simple (benchmarking) comparison of the descriptive statistics between Syrah Italian wines and other high quality red Italian wines, the demand is studied...

During the past decade, commodities prices have risen substantially and the trend is likely to persist as attested by recent OECD-FAO projections. The recent debate has not reached a clear consensus on the effects of this trend on poverty and income inequality in LDCs, thus complicating the...

Tourism is a major economic activity and one of the most important income sources for Italy. In recent years, tourism supply is widely changing and rural tourism is growing fast. Studies on agritourism are increasing in number, but the determinants of the international demand for rural tourism...

The changing environment affects agriculture introducing sources of uncertainty. On the other hand, policies to cope with risks may have strong impacts on the environment. We evaluate the effects of public risk management programmes, such as subsidised crop insurance, fertilizer use and land...

The report provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it starts the discussion by summarizing the main facets of production theory and consumer theory to introduce the concept of elasticities, with examples of different types of...

During the past decades, there has been much debate on food security. A variety of indicators have been proposed in order to establish which countriesare in need of improved food security status. The heterogeneity of existing indicators and the lack of consensus on how to compare and rank...

This article empirically investigates the impact of trade barriers on the world wine trade, focusing on trade costs impeding exports, including transport, tariffs, technical barriers and sanitary and phytosanitarystandards. A gravity model is estimated using data from the main importing and...

A decade of major political, institutional, economic and societal changes is challenging the Mediterranean Area: in a more and more globalized Europe the primary sectors of Mediterranean Partner Countries (MPCs) are largely influenced by recent trends. The resulting exposure of Mediterranean...