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Wine Economics (Hardcover)
Loot Price: R1,416
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Wine Economics (Hardcover)
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A comprehensive and interdisciplinary approach to the economics of
the production, distribution, and consumption of wine.Wine
economics is a growing subfield that examines the economics of the
production, distribution, and consumption of wine. In this book,
Stefano Castriota takes a comprehensive and interdisciplinary
approach to the study of wine economics, drawing on literature from
industrial organization, welfare economics, economic policy,
political economy, management, finance, health economics, law, and
criminology. Castriota explores how wine markets operate and how
they are regulated, covering such diverse topics as the health
economics of wine consumption (both the positive health effects
associated with moderate wine intake and the negative effects of
alcohol abuse), the competition and profitability of wineries, the
function of wine as an investment, and the quality of wine. He
examines differences between the wine industries in the Old World
and the New World, comparing small, family-owned wineries with
larger conglomerates, and analyzes the regulation of wine in the
United States versus the European Union. He concludes with a series
of recommendations to ensure open and efficient wine markets while
protecting public health. Originally published in Italy as Economia
del Vino, this English translation has been extensively revised. It
includes additional material focusing on the English-speaking
countries of the New World, particularly the regulatory environment
of the United States and the lingering effects of Prohibition.
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