Utilize este identificador para referenciar este registo: http://hdl.handle.net/10348/10224
Título: Wine firm’s size and economic performance: Evidence from traditional Portuguese wine regions
Outros títulos: Grapes and wines: advances in production, processing, analysis and valorization
Autor: Rebelo, João Fernandes
Gouveia, Sofia Helena Cerqueira de
Gomes, Lina Sofia Matos Lourenço
Costa, Ana Alexandra Vilela Marta Rio
Palavras-chave: competitiveness
demarcated wine regions
economic performance
size
wine industry
monopolistic competition
Data: 2018
Resumo: The wine market is an excellent example of monopolistic competition, demonstrating both vertical and horizontal product differentiation. The propensity toward monopolis- tic competition and the asymmetric preferences of wine consumption can justify the coexistence of different sized wineries. The main goal of this chapter is to analyze the economic performance of wineries, using indicators widely employed in economic and business literature, and to assess the potential influence of size on firm’s performance. To achieve this goal, different statistical tests are applied to firms ́ data collected from two representative Portuguese demarcated wine regions (Douro and Vinho Verde). The results confirm that the wine firm’s performance is a multidimensional construct, exhibiting similarities and differences, according to the index used. The size of firms increases their export performance but exhibits a nonstatistical effect on the financial performance. The indices of productivity and productive efficiency show that there is no standard behavior. The results of this study can be useful both for managers and public decision-makers, given the importance of controlling economic performance in order to guarantee the industry’s competitiveness in an increasingly globalized wine business.
Revisão por Pares: yes
URI: http://hdl.handle.net/10348/10224
ISBN: 978-953-51-3834-1
Tipo de Documento: Parte de Livro
Aparece nas colecções:CETRAD - Capítulo ou Parte de Livro

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