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Title: A macroeconomic estimation of wine production in Greece
Authors: Vlachos, Vasileios A.
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business::Economics
FRASCATI::Social sciences::Economics and Business::Econometrics
Keywords: International trade
Panel data analysis
Wine production
Issue Date: 2017
Source: Wine Economics and Policy
Volume: 6
Issue: 1
First Page: 3
Last Page: 13
Abstract: Unlike other south European Union countries with tradition in wine production, Greece has not yet exploited the industry׳s export potential. However, there are expectations that under certain policy orientations, a competitive industry with internationally recognized labels could emerge. This paper explores the drivers of wine production in Greece from a macro perspective and assesses their impact vis-à-vis international trade in order to contribute to these orientations for the development of a competitive industry that will assist Greece in the search for an exit from economic depression. The findings indicate that international trade impacts more on wine production in Greece than domestic consumption of Greek wine and that productivity boosts wine production at the same time as personnel costs are a significant impediment. Policy orientations based on the findings are discussed.
ISSN: 2212-9774
Other Identifiers: 10.1016/j.wep.2017.03.001
Appears in Collections:Department of International and European Studies

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