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Furia, Carloalberto, 2022. Global Competitiveness of Italian and French Wines. Second cycle, A2E. Uppsala: SLU, Dept. of Economics


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Abstract

The objective of this thesis is to investigate the global competitiveness of Italy and France with respect to the other major representatives of the global wine market, Argentina, Australia, Chile, South Africa, Spain, and the USA between 1995 and 2019. The analysis is conducted using the Balassa and the Lafay Index of Revealed Comparative Advantage. Both indexes are then studied through a stability analysis between two periods (1995-2006 and 2008-2019). Following previous literature on competitiveness of the wine sector, Italy, France and Chile are expected to be the leaders in exports’ value of wines. The major findings of this thesis are that the global scenario is becoming more fragmented and complex, with Italy and France threatened mostly by Chile’s competition in each subsector: bulk, sparkling, and bottled wines. Italy became more competitive over time, thanks to the leadership gain in the low, and especially medium end market. France managed to increase the value of their wines, at expenses of productivity, export volumes but especially value shares on the global market. In many cases the Balassa index and the Lafay index revealed completely different results, especially during the specialization stability analysis in the three subsectors that saw France, Italy and Chile strongly competing. However, both indices highlighted some issues, like heterogeneity across countries that results easily susceptible to the limited number of parameters that are taken into account for calculations.

Main title:Global Competitiveness of Italian and French Wines
Authors:Furia, Carloalberto
Supervisor:Kyriakopoulou, Efthymia
Examiner:Hart, Robert
Series:Examensarbete / SLU, Institutionen för ekonomi
Volume/Sequential designation:1476
Year of Publication:2022
Level and depth descriptor:Second cycle, A2E
Student's programme affiliation:NM030 Agricultural, Food and Environmental Policy Analysis (AFEPA) - Master's Programme, 120.0hp
Supervising department:(NL, NJ) > Dept. of Economics
Keywords:Wine competitiveness, revealed comparative advantage, Italy, France, Balassa index, Lafay index
URN:NBN:urn:nbn:se:slu:epsilon-s-18397
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-s-18397
Subjects:Agro-industry
Economics and management
Language:English
Deposited On:17 Oct 2022 10:36
Metadata Last Modified:18 Oct 2022 01:00

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