Vol. 12 No. 2 (2023)
Original Research Article

Climate Cha(lle)nges in global wine production and trade patterns

Emilia Lamonaca
Department of Sciences of Agriculture, Food Natural resources and Engineering, University of Foggia, Via Napoli 25, 71121 Foggia
Antonio Seccia
Department of Sciences of Agriculture, Food Natural resources and Engineering, University of Foggia, Via Napoli 25, 71121 Foggia
Fabio Gaetano Santeramo
Department of Sciences of Agriculture, Food Natural resources and Engineering, University of Foggia, Via Napoli 25, 71121 Foggia

Published 2023-12-31

Keywords

  • Climate change,
  • Environmental measure,
  • Technical barrier to trade

How to Cite

Lamonaca, E., Seccia, A., & Santeramo, F. G. (2023). Climate Cha(lle)nges in global wine production and trade patterns. Wine Economics and Policy, 12(2), 85–102. https://doi.org/10.36253/wep-13852

Abstract

The global wine trade is interested by significant changes since a few decades, due to new productive scenarios induced by climate change and to (rapidly) evolving trade and policy regimes. We investigate how these changes are altering trade dynamics. Following a gravity-type approach, we find that higher temperatures are beneficial for the terms of trade, and are boosting trade values. As for policy interventions, the impact of technical measures on trade values is heterogeneous across objectives: While technical measures tend to friction trade, the environment-related policies show pro-trade effects.

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