Seccia, Antonio and Santeramo, Fabio Gaetano and De Blasi, Giuseppe and Carlucci, Domenico (2007): Effects of political-economic integration and trade liberalization on exports of Italian Quality Wines Produced in Determined Regions (QWPDR).
Download (132kB) | Preview
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 broadly applied to the analysis of international trade because it provides robust estimates. The results obtained and the model itself are useful in forecasting potential trends in the exportation of high quality Italian wines. In particular, these estimates give a quantitative evaluation of the export gains that could result from the enlargement of the EU and from an increasing liberalization in international trade. Moreover, it is possible to identify the growing markets where Italian ventures could exploit certain promotional and communication strategies.
|Item Type:||MPRA Paper|
|Original Title:||Effects of political-economic integration and trade liberalization on exports of Italian Quality Wines Produced in Determined Regions (QWPDR)|
|Keywords:||Italy, Exports, QWPDR, Integration, Gravity Model|
|Subjects:||Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q18 - Agricultural Policy; Food Policy|
|Depositing User:||Fabio Gaetano Santeramo|
|Date Deposited:||13. Mar 2008 00:46|
|Last Modified:||11. Feb 2013 21:56|
Cheng, I-H., Wall, H. J. (2005). Controlling for heterogeneity in Gravity Models of trade and integration. Federal reserve Bank of St. Louis Review, 87 (1): 49-63 Linnemann, H. (1966). An econometric study of international trade flows. Amsterdam: North-Holland Pub. Co Pöyhönen, P. (1963). A tentative model for volume in trade between countries. Weltwirtschaftliches Archiv, 90 (1): 93-100 Prentice, B.E., Wang, Z., Urbina, H.J. (1998). Derived demand for refrigerated truck transport: a Gravity Model analysis of Canadian pork exports to the United States. Canadian Journal of Agricultural Economics, 46 (3):317-328 Tinbergen, J. (1962). Shaping the World Economy: Suggestions for an international economic policy. New York, The Twentieth Century Fund