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CATCHING-UP TRAJECTORIES IN THE WINE SECTOR: A COMPARATIVE STUDY OF CHILE, ITALY AND SOUTH AFRICA AgEcon
Cusmano, Lucia; Morrison, Andrea; Rabellotti, Roberta.
From a development perspective an investigation of the changes that have occurred in the wine industry is of particular interest because it provides evidence on how emerging economies have been able to acquire significant shares of the international market in a dynamic sector. Based on novel empirical evidence as well as secondary sources, this paper shows that emerging countries with diverse institutional models and innovation strategies, have been driving the process of technological modernization and product standardization. Newcomers in the wine sector have responded particularly effectively to changes in consumption habits, and in aligning emerging scientific approaches with institutional building efforts and successful marketing strategies.
Tipo: Working or Discussion Paper Palavras-chave: Wine; South Africa; Chile; Italy; Emerging economies; Agribusiness; Institutional and Behavioral Economics.
Ano: 2009 URL: http://purl.umn.edu/48299
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Do the BRICs and Emerging Markets Differ in their Agrifood Trade? AgEcon
Haq, Zahoor Ul; Meilke, Karl D..
Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009
Tipo: Conference Paper or Presentation Palavras-chave: Emerging economies; BRIC economies; Food trade; Income elasticities; Economic growth; Demand and Price Analysis; International Development; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/51395
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The Role of Income Growth in Emerging Markets and the BRICs in Agrifood Trade AgEcon
Haq, Zahoor Ul; Meilke, Karl D..
This study develops an import demand model to explore the role of income in explaining the trade performance of low, middle and high-income countries with a special emphasis on Brazil, Russia, India and China – the BRIC economies. The study estimates the impact of the growth in per capita income on the trade of agrifood products using data for 52 countries and 20 agrifood products for the years 1990 to 2006. The results suggest that China, Russia and Brazil have more income elastic import demand than other middle-income countries. Conversely, the income elasticities of import demand in India are similar to other low-income countries and for the most part statistically equal to zero.
Tipo: Working or Discussion Paper Palavras-chave: Emerging economies; BRIC economies; Food trade; Income elasticities; Economic growth; Agricultural and Food Policy; International Development; International Relations/Trade.
Ano: 2009 URL: http://purl.umn.edu/48122
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