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|Title:||Intra-industry trade in a rapidly globalizing industry: the case of wine|
|Citation:||Proceedings of Festschrift Conference in honor of Sir David Greenaway as published in Review of International Economics, 2016 / vol.24, iss.4, pp.820-836|
|Conference Name:||Festschrift Conference in honor of Sir David Greenaway (25 Jun 2015 - 25 Jun 2015 : University of Nottingham, Nottingham, UK)|
|Kym Anderson, Joseph Francois, Douglas Nelson, and Glyn Wittwer|
|Abstract:||This paper overviews the current structure and dynamics of international trade in wine with an emphasis on its intra-industry features. Using network analytic methods, we illustrate developments in the world’s wine markets since the mid-1960s around a relatively stable core of countries. Those developments include both evolving demands for wine and, on the supply side, a rapidly emerging group of countries entering the core without displacing the original members. Not surprisingly, given that the analysis is based on bilateral trade in a single product, the developing patterns of intra-industry trade are quite consistent with the patterns revealed in the network analysis.|
|Rights:||© 2016 John Wiley & Sons Ltd|
|Appears in Collections:||Economics publications|
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