"There is scarcely a man of sense and knowledge who would dare to question the supremacy of Tokaji wines over all other European wines." - Selbstherr, a wine merchant from Breslau. This paper examines the transformation of viticulture and estate management in the Tokaj-Hegyalja region of the...

North Macedonia has a long-standing tradition of viticulture, with more than 85% of its wine production destined for export markets. In this highly competitive global environment, the effectiveness of marketing strategies relies not only on product quality and authenticity, but also on alignment...

The innovation capacity of organizations, particularly in the competitive Brazilian wine industry, plays a pivotal role in their performance and competitiveness. This study aimed to identify and validate metrics for assessing the innovation capacity of Brazilian wineries through a two-stage...

The adoption of fungus-resistant grapevines may be a key strategy for substantially reducing fungicide use in pesticide-intensive viticulture. In a representative survey conducted among 436 grapevine growers in Switzerland, we elicited growers' expected share of land devoted to fungus-resistant...

This study examines the transformative changes in the wine industry of Southern Europe over recent decades, focusing on one of Spain's oldest Protected Designations of Origin (PDO), Montilla-Moriles. The region faced severe challenges during the second wave of globalization at the beginning of...

South Africa's wine industry has traditionally concentrated on developed nations as its principal export markets. In recent years, regional markets within East Africa have emerged as promising areas for growth. However, these markets have not been examined, with existing research predominantly...

There is scarcely a man of sense and knowledge who would dare to question the supremacy of Tokaji wines over all other European wines. - Selbstherr, a wine merchant from Breslau. This paper examines the transformation of viticulture and estate management in the Tokaj-Hegyalja region of the...

This paper examines the impact of shared religious composition on global wine trade. We assembled a novel dataset of bilateral wine trade flows and country-level religious affiliation for 102 countries from 1988 to 2023. Our theory-consistent gravity estimates show that a greater common share of...

This paper analyzes the impact of product-market fit on firms' export performance, focusing specifically on the case of wineries. To this end, we use a representative sample of Spanish wineries and data on 49 export markets. The empirical analysis is based on a firm heterogeneity model that...

Sums of the ratings that judges assign to wines are a near universal method of determining the winners and losers of wine competitions. Sums are easy to calculate and easy to communicate, but seven flaws make sums of ratings a perilous guide to relative quality or preference. Stars & Bars...

Fungus-resistant grape varieties (FRGVs) offer considerable ecological and economic benefits through reduced fungicide use, yet their cultivation remains limited. Due to the unfamiliarity of these varieties, marketing them is challenging. This study investigates the pricing and presence of FRGVs...

In two studies with 1,275 participants, we examine how values are associated with wine cues and how these associations shape selection across private and professional contexts. Building on signaling theory and identity economics, we propose a utility framework in which choice utility is a...

Using Wine Spectator's Top 100 lists for 1988-2025, this note applies Bai-Perron structural break tests to regional and country shares and identifies three distinct periods: 1988-1997, 1998-2015, and 2016-2025. Real prices decline across phases, with the sharpest drop in the most recent period,...

The increased share of horticultural crops in the world economy of agricultural production is due to the role that grapes, fruits and vegetables have in the rational nutrition of man and in increasing the national income of the cultivating countries, as well as in improving the microclimatic...

In this paper we provide an economic interpretation of intercropping as a risk management strategy based on spatial diversification of production. We study vine intercropping - i.e., scattering vines across fields rather than concentrating them in specialized vineyards - a traditional practice...

Is the quality of a 91-point wine significantly different from that of an 89-point wine? Which wines are underpriced relative to their evaluation of quality? This paper addresses these questions by constructing a novel wine rating system based on scores assigned by a panel of wine experts to a...

This article documents the sudden creation of a significant entrepôt for French wine, particularly Bordeaux claret, in Boulogne-Sur-Mer starting in 1720. Scottish Jacobites who practiced a rebellious version of "fair trade" dominated this commerce, and their network had direct links to...

Understanding consumer choices and their drivers of willingness to pay (WTP) for a bottle of wine has been a research challenge in wine economics, particularly in niche markets such as sparkling wine. This study investigates the determinants of WTP for sparkling wine based on data from...

As sustainability and Corporate Social Responsibility gained increasing importance in agriculture, several impact assessment methodologies have been proposed. Social Return on Investment (SROI), a methodology used for understanding, measuring, and reporting the social, economic, and...

South Africa's citrus and wine industries have achieved relative success in global markets to become the country's leading agri-food exports. However, the two industries have realised relatively different upgrading trajectories in global value chains (GVCs). The citrus industry quickly grew its...

This paper deals with the taxation of still wine in the Czech Republic. The aim of the paper is to quantify the fiscal impact of the imposition of a non-zero excise duty rate on still wine on excise and value added tax revenue. The paper uses an analytical approach to assess the impacts using...

In this study, we investigate whether firms create value in a tradition-led setting, through innovative efforts. Prior research has observed that in such a setting some actors opt for a creative representation of established products (i.e., a song, an opera, a piece of art, a fashion item, and...

While a large body of literature explores how international wine trade correlates with country, market and national industry characteristics, research at firm level on the choice to export (export propensity) and on the importance of exports on production or sales (export intensity) remains...

Wine is the most differentiated of all farm products, with much of the differentiation based on the location of production. In this paper, we estimate the effects of climate and vintage weather on California's varietal wine quality and prices. Our analysis is based on a sample of premium wines...

The study examines the influence of markups on the export decisions and subsequent export intensity of firms within the Hungarian wine sector. Additionally, we evaluate the impact of entering and sustaining a presence in export markets on firms' markups and compare the markup levels between...

This paper studies the effects of the U.S. railroad expansion during the 19th century on exports of wine at the customs district level. I digitize previously unexploited data on wine trade flows for customs districts from 1870 to 1900 and combine these data with GIS-based measures of access to...

The restaurant industry, especially fine dining, is characterized by intense competition and an increasing number of closures. Wine is a profit lever, but the exploitation of sales potential can present a challenge. As consumers encounter more extensive wine lists, they often find themselves...