| Name: | Description: | Size: | Format: | |
|---|---|---|---|---|
| 147.01 KB | Adobe PDF |
Authors
Advisor(s)
Abstract(s)
O Vinho português é reconhecido como uma importante fonte de receitas económicas de base agrícola para Portugal. No entanto, as receitas deste produto diminuíram na maioria dos mercados estrangeiros na década 20012011. Neste artigo, iremos desenvolver uma tentativa original para identificar os determinantes mais importantes do valor das exportações de
vinhos portugueses e os níveis de eficiência para cada país de destino. Os nossos resultados revelaram que o valor das exportações de vinhos portugueses tem uma relação positiva com o tamanho do setor público em cada país de destino, com a população rural do país de destino, e com o PIB real per capita, entre outras variáveis. A eficiência das exportações de vinho aumenta por causa do nível de inflação e do investimento direto estrangeiro per capita nas economias de destino. Também descobrimos que os destinos mais eficientes são aqueles onde o português é a língua nativa, e dois dos casos menos eficientes são a Polónia e os Estados Unidos da América, que são casos que merecem atenção especial por partedos exportadores portugueses.
ABSTRACT: Portuguese wine is recognized as an important source of economic revenues for Portugal. However, revenues from this product declined in most foreign markets in the decade from 20012011. In this paper, we will develop an original attempt to identify the most important determinants of the value of Portuguese wine exports and the efficiency levels for each destination country. Our results revealed that the value of Portuguese wine exports has a positive relationship with the size of the government in each destination country, the rural population of the destination country, and real GDP per capita, among other variables. The efficiency of wine exports increased because of the level of inflation and Foreign Direct Investment per capita in the destination economies. We also found that the most efficient destinations are those where Portuguese is the native language, and two of the less efficient cases are Poland and the United States of America, which are cases that deserve special attention from Portuguese exporters and foreign policies.
ABSTRACT: Portuguese wine is recognized as an important source of economic revenues for Portugal. However, revenues from this product declined in most foreign markets in the decade from 20012011. In this paper, we will develop an original attempt to identify the most important determinants of the value of Portuguese wine exports and the efficiency levels for each destination country. Our results revealed that the value of Portuguese wine exports has a positive relationship with the size of the government in each destination country, the rural population of the destination country, and real GDP per capita, among other variables. The efficiency of wine exports increased because of the level of inflation and Foreign Direct Investment per capita in the destination economies. We also found that the most efficient destinations are those where Portuguese is the native language, and two of the less efficient cases are Poland and the United States of America, which are cases that deserve special attention from Portuguese exporters and foreign policies.
Description
Keywords
Portuguese exports Stochastic Frontiers Wine exports Exportações portuguesas Fronteira estocástica Exportações de vinho
Citation
Publisher
Instituto Nacional de Investigação Agrária