The Palgrave Handbook of Wine Industry Economics

This Palgrave Handbook offers the first international comparative study into the efficiency of the industrial organization of the global wine industry. Looking at several important vineyards of the main wine countries, the contributors analyze differences in implementation and articulation of three key stages: grape production, wine making and distribution (marketing, selling and logistics). By examining regulations, organization theory, industry organizational efficiency and vertical integration, up to date strategies in the sector are presented and appraised. Which models are most efficient? What are the most relevant factors for optimal performance? How do reputation and governance impact the industry? Should different models co-exist within the wine countries for global success?

This comprehensive volume is essential reading for students, researchers and professionals in the wine industry.

Chapter 1: Introduction.- Part I: Structure of the Wine Sectors Worldwide.- Chapter 2: The French Wine Industry.- Chapter 3: The Italian Wine Industry.- Chapter 4: The Spanish Wine Industry.- Chapter 5: The US Wine Industry.- Chapter 6: The Australian Wine Industry.- Chapter 7: The Argentine Wine Industry.- Chapter 8: The Chilean Wine Industry.- Chapter 9: The South African Wine Industry.- Chapter 10: The Chinese Wine Industry.- Part II. Regulations in the Wine Sector.- Chapter 11:Introduction.- Chapter 12: The International Wine Organizations and Plurilateral Agreements, and the Dialectic between Harmonization and Mutual Recognition of Standards.- Chapter 13: The European Wine Policies: Regulations and Strategies.- Chapter 14: Barriers to Wine Trade.- Part III: Diversity Of Organization In The Wine Industry.- Chapter 15. Introduction: The Diversity of Organizational Patterns in the Wine Industry.- Chapter 16: The Organization of Vineyards and Wineries.-Chapter 17: Wine Co-operatives and Territorial Anchoring.- Chapter 18: Diversity and a Shifting Power Balance: Negociants and Winegrowers in Bordeaux.- Part IV: Backward Vertical Integration.- Chapter 19: Introduction: Outsourcing vs. Integration: A Key Trade-off for Wine Companies?.- Chapter 20: To Make or to Buy? A Managerial Trade-off of Wine-Making Process in Burgundy Vineyards.- Chapter 21: Financial Constraints and Strategies of Vertical Integration in French Wine Farms and Co-operatives.- Chapter 22: The Prosecco Industry Structure: A Driver of Success?.- Chapter 23: International Perspectives on Backward Vertical Integration.- Part V: Efficiency of the Business Models in the Different Wine Industries.- Chapter 24: Introduction: Does a National Model Exist which Favours Trade Performance?.- Chapter 25: Individual and Collective Reputations in the Wine Industry.- Chapter 26: The Chilean Wine Cluster.- Chapter 27: Producing and Consuming Local: Switzerland as a Local Market.- Chapter 28: Conclusion: Synthesis & Economic Perspectives for the Wine Industry Worldwide.