The French Wine Industry

Ugaglia, Adeline Alonso; Cardebat, Jean‐Marie; Jiao, Linda

doi:10.1007/978-3-319-98633-3_2

Cited by 16 publications

(16 citation statements)

References 2 publications

(1 reference statement)

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“…This result is consistent with the recent literature on business models in the wine sector (Alonso Ugaglia et al, 2019). Although one should not make sweeping generalizations, it would appear that differences in models exist between New World and Old World countries.…”

Section: Conclusion Limitations and Future Researchsupporting

confidence: 93%

“…Among them are the three major Old World wine‐producing countries (Italy, France, and Spain) which, according to OIV (International Organisation of Vine and Wine) statistics, represent 50% of world wine production (OIV, 2021). The other three countries in the sample, the United States (US), South Africa, and Chile, belong to the “New World.” In the present study, under the assumption that differences in business models exist between some countries (Alonso Ugaglia et al, 2019), we isolate three groups of three countries each: the historical Old World (Italy, France, Spain), the “emerging” Old World (Germany, Austria, Portugal) and the New World (United States, South Africa, Chile).…”

Section: Data and Statistical Analysismentioning

confidence: 99%

“…This could be explained by a business model that is culturally distant from consumers. In these countries, wineries generally sell wholesale to intermediaries and foreign importers and do not place as much importance on the final customer compared to the United States, for example, where the business model has always been more customer‐oriented (Alonso Ugaglia et al, 2019). In this sense, the data depicted in Figure 4 are consistent with our earlier expressed assumption that the distance from the final consumer, linked to the business model, may partly influence reactions to health crises.…”

Section: Data and Statistical Analysismentioning

confidence: 99%

“…These companies focus on the customer rather than the product itself, being acutely aware of consumer expectations and are often open to direct‐to‐consumer (DTC) sales at the winery within the framework of wine tourism activities. This downstream integration model is more characteristic of the New World (South Africa, United States, Chile, Argentina, Australia, New Zealand), although attention to wine tourism is growing in some Old World countries (Alonso Ugaglia et al, 2019; Compés & Szolnoki, 2021).…”

Section: Introductionmentioning

confidence: 99%

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Wine industry perceptions and reactions to the COVID‐19 crisis in the Old and New Worlds: Do business models make a difference?

Niklas

Cardebat²,

Back

et al. 2022

Agribusiness

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The COVID‐19 crisis has severely impacted the wine industry, with producers in different countries affected differently and, therefore, differing in their perceptions toward it. These differing perceptions are assumed to be due to different business models, mainly linked to the distribution system adopted and resulting in varying distances of producers to distributors and consumers. While upstream integration characterizes the Old World, the New World applies a downstream business model, being more closely linked to distributors and consumers and, therefore, more vulnerable to shocks, which should lead to higher perceived impacts of the COVID‐19 crisis. This study analyzes 542 surveys collected from wineries in nine countries, divided into New World, historical Old World, and emerging Old World. Econometric results show statistically significant differences in both the perceived impact of COVID‐19 and wineries' responses in terms of planned investments, with the New World being more affected. A common desire by wineries to direct future investments towards direct‐to‐consumer sales and communication was found, to the detriment of investments in vineyards and cellars. This desire is particularly strong in the New World, in line with their focus on the downstream part of the value chain, underlying their greater reactivity to shocks and capacity to innovate. [EconLit Citations: D22; L21; L66; Q13].

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Section: Conclusion Limitations and Future Researchsupporting

confidence: 93%

Section: Data and Statistical Analysismentioning

confidence: 99%

Section: Data and Statistical Analysismentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Wine industry perceptions and reactions to the COVID‐19 crisis in the Old and New Worlds: Do business models make a difference?

Niklas

Cardebat²,

Back

et al. 2022

Agribusiness

View full text Add to dashboard Cite

show abstract

“… Consequently, for both ethical and commercial reasons, a growing share of the total volume of wine is produced using various purportedly sustainable practices, and some of that is sold with some kind of ecolabel—such as organic, biodynamic, natural, sustainable, or non-GMO. Still, even in France only 10% of the total vineyard area in 2017 was organic (Alonso Ugaglia et al 2019 ). In some cases, like organic, these terms are clearly defined and have legal meaning (supported by government certification), though the meaning may vary among jurisdictions.…”

Section: Technological Regulationmentioning

confidence: 99%

Reflections on the Political Economy of European Wine Appellations

Alston

Gaeta

2021

Ital Econ J

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Today’s European wine policy is centered on a system of appellations, implemented as geographical indications (GIs), that entail significant technological regulations—restricting the varieties that may be grown, while imposing maximum yields per hectare and other rules regarding grape production and winemaking practice. This paper outlines the historical development of European wine policy under the CAP, and presents a more detailed analysis of the economic consequences of the rules and regulations under the appellation system. The introduction of these rules and regulations was probably beneficial initially, both for their didactive effect on wine producers and consumers and as a way of overcoming a significant “lemons” problem in the market. However, those same rules and regulations are much less valuable today, given (1) the potential for alternative sources of information to solve the lemons problem, and (2) evidence that the appellation system per se might not be effectively serving that purpose as well as it once did, while some of the regulations impose significant social costs. Yield restrictions, in particular, are economically inefficient as a way of enhancing and signaling quality (their ostensible purpose) and as a way of restricting total supply to support market prices and thus producer incomes (a significant motivation). The inherent weaknesses of the policy design are compounded by failures of governance. A less heavy-handed approach to policy would allow more scope for the market mechanism to match supply and demand for this signature product from European agriculture.

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Wine prices in economics: A bibliometric analysis

Le Fur,

Thelisson,

Guyottot

2023

Strategic Change

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This article presents a literature review and a bibliometric analysis of academic research on wine prices in economics. The study comprises a review of 180 articles published in journals between 1992 and 2022. Bibliometric and science mapping methods apply indicators identifying the most prominent journals, authors, countries, institutions, topics, most published and cited articles, co‐authorship, bibliographic coupling, cited references, and keywords. This approach highlights the importance of four clusters in the literature: determinants of the wine prices, demand and consumption of wine, fine wine as an alternative investment, and quality and brand reputation of Bordeaux wines. This study shows many areas for further research within and outside these clusters.

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The French Wine Industry

Cited by 16 publications

References 2 publications

Wine industry perceptions and reactions to the COVID‐19 crisis in the Old and New Worlds: Do business models make a difference?

Wine industry perceptions and reactions to the COVID‐19 crisis in the Old and New Worlds: Do business models make a difference?

Reflections on the Political Economy of European Wine Appellations

Wine prices in economics: A bibliometric analysis

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