Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/16928
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dc.contributor.authorFleming, Euanen
dc.contributor.authorMounter, Stuarten
dc.contributor.authorGrant, Blighen
dc.contributor.authorGriffith, Garryen
dc.contributor.authorVillano, Renatoen
dc.date.accessioned2015-04-17T10:53:00Z
dc.date.issued2014en
dc.identifier.citationWine Economics and Policy, 3(2), p. 115-126en
dc.identifier.issn2212-9774en
dc.identifier.urihttps://hdl.handle.net/1959.11/16928en
dc.description.abstractAnderson, K., Nelgen, S., 2011. Global Wine Markets, 1961 to 2009: A Statistical Compendium. University of Adelaide Press, Adelaide publication of an index of revealed comparative advantage suggests that the Australian wine industry had come under increased competition from other 'New World' producers in the first decade of this century. We examine this influence by comparing the transformation of winegrapes into wine volume and value in the 11 largest wine-exporting countries during the years, 2000-2009. Our focus is on the challenge issued by other New World producers from the Southern Hemisphere to Australian producers, and the continuing challenge to Old World global supremacy by New World producers and its response. Four performance measures are used this study. Two key trends are evident. First, all countries migrated to higher price points, albeit with differing degrees of success: slightly declining productivity in transforming winegrapes into wine output was overwhelmed by price/quality effects, leading to substantial gains in transforming winegrapes into wine value. Second, New World producers plus Portugal and Spain were much more successful in achieving gains in their export value proposition than they were in extracting value in their domestic markets. Results show that Australian wine producers had lost some of their competitive advantage during the 2000s as their pre-existing strategy dominated by the export of high-volume wines by large companies at low to medium price points, and their reliance on a reputation for reliable good quality for the price point was beginning to fail in the face of competition from both New World and Old World producers. Acknowledgement of this outcome has led to a good deal of introspection, and recognition of the need to promote the wine regions of Australia, based on higher-quality wines, and to select and promote quality indicators.en
dc.languageenen
dc.publisherElsevier BVen
dc.relation.ispartofWine Economics and Policyen
dc.titleThe New World challenge: Performance trends in wine production in major wine-exporting countries in the 2000s and their implications for the Australian wine industryen
dc.typeJournal Articleen
dc.identifier.doi10.1016/j.wep.2014.12.002en
dcterms.accessRightsGolden
dc.subject.keywordsEconometric and Statistical Methodsen
dc.subject.keywordsAgricultural Economicsen
dc.subject.keywordsIndustry Economics and Industrial Organisationen
local.contributor.firstnameEuanen
local.contributor.firstnameStuarten
local.contributor.firstnameBlighen
local.contributor.firstnameGarryen
local.contributor.firstnameRenatoen
local.subject.for2008140209 Industry Economics and Industrial Organisationen
local.subject.for2008140201 Agricultural Economicsen
local.subject.for2008140302 Econometric and Statistical Methodsen
local.subject.seo2008910204 Industry Costs and Structureen
local.subject.seo2008910303 Trade Policyen
local.subject.seo2008820306 Wine Grapesen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.schoolUNE Business Schoolen
local.profile.emailefleming@une.edu.auen
local.profile.emailsmounte2@une.edu.auen
local.profile.emailbgrant5@une.edu.auen
local.profile.emailggriffit@une.edu.auen
local.profile.emailrvillan2@une.edu.auen
local.output.categoryC1en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordune-20150413-164828en
local.publisher.placeThe Netherlandsen
local.format.startpage115en
local.format.endpage126en
local.peerreviewedYesen
local.identifier.volume3en
local.identifier.issue2en
local.title.subtitlePerformance trends in wine production in major wine-exporting countries in the 2000s and their implications for the Australian wine industryen
local.access.fulltextYesen
local.contributor.lastnameFlemingen
local.contributor.lastnameMounteren
local.contributor.lastnameGranten
local.contributor.lastnameGriffithen
local.contributor.lastnameVillanoen
dc.identifier.staffune-id:eflemingen
dc.identifier.staffune-id:smounte2en
dc.identifier.staffune-id:bgrant5en
dc.identifier.staffune-id:ggriffiten
dc.identifier.staffune-id:rvillan2en
local.profile.orcid0000-0001-6637-3756en
local.profile.orcid0000-0002-5276-6222en
local.profile.orcid0000-0003-2581-6623en
local.profile.roleauthoren
local.profile.roleauthoren
local.profile.roleauthoren
local.profile.roleauthoren
local.profile.roleauthoren
local.identifier.unepublicationidune:17142en
local.identifier.handlehttps://hdl.handle.net/1959.11/16928en
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
dc.identifier.academiclevelAcademicen
local.title.maintitleThe New World challengeen
local.output.categorydescriptionC1 Refereed Article in a Scholarly Journalen
local.description.statisticsepubsVisitors: 366<br />Views: 516<br />Downloads: 0en
local.search.authorFleming, Euanen
local.search.authorMounter, Stuarten
local.search.authorGrant, Blighen
local.search.authorGriffith, Garryen
local.search.authorVillano, Renatoen
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