Recent evolution of wine exports in a turbulence period: a multiregional input-output analysis.

IF 4 2区经济学 Q1 AGRICULTURAL ECONOMICS & POLICY Agricultural and Food Economics Pub Date : 2023-01-01 DOI:10.1186/s40100-023-00248-9

Inmaculada Carrasco, Juan Sebastián Castillo-Valero, Marcos Carchano, Carmen Córcoles

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Abstract

This study focuses on analysing the economic impact (in value-added terms) generated by Spanish wine exports during the period 2018-2020, characterized by significant geopolitical changes and market shocks produced by Brexit, the entry into force of the Federal Law on Viticulture and Winemaking in the Russian Federation, the imposition of tariffs by the USA and the COVID-19 pandemic. For this purpose, the multiregional input-output model was used to identify the overall effects (direct and indirect) in different countries deriving from the changes in final demand. The paper shows that both the world wine trade and Spanish wine exports have been negatively affected by the recent changes in the analysed period. It is estimated that the accumulated losses since 2018 as a result of the decrease in the value-added generated by Spanish wine exports exceed 300 million euros. In addition, the results suggest that the negative effects of COVID-19 are greater than the effects caused by the rest of the geopolitical changes.

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动荡时期葡萄酒出口的最新演变:多地区投入产出分析。

本研究重点分析了2018-2020年期间西班牙葡萄酒出口产生的经济影响(以附加值计算)，其特点是英国脱欧带来的重大地缘政治变化和市场冲击、俄罗斯联邦《葡萄种植和酿酒联邦法》的生效、美国征收关税以及2019冠状病毒病大流行。为此，使用多区域投入产出模型来确定最终需求变化在不同国家产生的总体影响(直接和间接)。本文表明，世界葡萄酒贸易和西班牙葡萄酒出口都受到了最近的变化在分析期间的负面影响。据估计，自2018年以来，由于西班牙葡萄酒出口产生的附加值减少，累计损失超过3亿欧元。此外，研究结果表明，新冠肺炎的负面影响大于其他地缘政治变化带来的影响。

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来源期刊

Agricultural and Food Economics Agricultural and Biological Sciences-Agricultural and Biological Sciences (miscellaneous)

CiteScore

5.50

自引率

5.10%

发文量

审稿时长

13 weeks

期刊介绍： Agricultural and Food Economics (AFE) is an international peer-reviewed and open access journal published on behalf of the Italian Society of Agricultural Economics. AFE welcomes research articles from economists, scholars and researchers from all over the world to publish problem-oriented and high-quality articles. AFE publishes only original articles from a wide variety of economic perspectives that address current and relevant issues related to the agricultural and food system. AFE publishes articles focused on applied analysis, the discussion of innovative results, and relevant policy and managerial implications. AFE seeks clearly written articles from experts in the field, to promote insightful understanding of the current trends in the agri-food system. Topics of specific interest to AFE include agricultural and food market analysis, agri-food firm management and marketing, organization of the agri-food chains, consumer behavior, food quality and safety issues, economics of nutrition and food security, food and health economics, agri-food policy and trade, sustainable rural development, natural and marine resource economics and land economics.