Wine economics is a growing subfield that examines the economics of the production, distribution, and consumption of wine. In this book, Stefano Castriota takes a comprehensive and interdisciplinary approach to the study of wine economics, drawing on literature from industrial organization, welfare economics, economic policy, political economy, management, finance, health economics, law, and criminology.
Castriota explores how wine markets operate and how they are regulated, covering such diverse topics as the health economics of wine consumption (both the positive health effects associated with moderate wine intake and the negative effects of alcohol abuse), the competition and profitability of wineries, the function of wine as an investment, and the quality of wine. He examines differences between the wine industries in the Old World and the New World, comparing small, family-owned wineries with larger conglomerates, and analyzes the regulation of wine in the United States versus the European Union. He concludes with a series of recommendations to ensure open and efficient wine markets while protecting public health.
Originally published in Italy as Economia del Vino, this English translation has been extensively revised. It includes additional material focusing on the English-speaking countries of the New World, particularly the regulatory environment of the United States and the lingering effects of Prohibition.
The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.
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Wine Economics
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Information
Subtopic
Business GeneralIndex
BusinessTable of contents
- Cover
- Title Page
- Copyright
- Table of Contents
- Foreword by Orley Ashenfelter
- Acknowledgments
- Introduction
- 1. The World Wine Market
- 2. Consumption, Quality, and Prices
- 3. Competition and Firm Profitability
- 4. Types of Companies
- 5. Wine and Finance
- 6. Asymmetric Information
- 7. Economic and Social Externalities
- 8. The Regulation of Supply
- Economic Policy Conclusions
- References
- Index
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Yes, you can access Wine Economics by Stefano Castriota, Judith Turnbull in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over 1.5 million books available in our catalogue for you to explore.