Port Wine Dynamics: Production, Trade and Market Structure

João REBELO ^[1] ; Leonida CORREIA ^[1]
1. [1] Universidade de Trás-os-Montes e Alto Douro
  
  Universidade de Trás-os-Montes e Alto Douro
  
  Vila Real (São Pedro), Portugal
Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 8, Nº. 1, 2008, págs. 99-114
Idioma: inglés
Enlaces
- Texto completo (pdf)

Resumen
- In the last decades the world has seen some acceleration in the process of internationalization, affecting virtually all industries. The wine sector is no exception, witnessing increased exports and imports and a movement of mergers and acquisitions. Among European wines, Port Wine can be seen as a representative case of integration in international markets, with about 90% of its production to be exported. After the World War II, although the Port Wine activity has been subjected to cycles there has been a trend towards a continued increase in production and exports, stabilization of real market prices and a slight increase in the real prices paid to grape growers, leading to positive economic effects for Port Wine firms and grape growers.