Production and Trade of Port Wine: Temporal Dynamics and Pricing

dc.creatorCorreia, Leonida
dc.creatorRebelo, João
dc.creatorCaldas, José
dc.date2017-04-01T19:33:58Z
dc.date.accessioned2026-07-09T11:12:29Z
dc.descriptionThis paper examines the productive and trade dynamics of Port wine and the impact of wine aging on price. The main results show that, after World War II, the economy founded on Port wine is characterised by a general tendency for growth, leading to positive economic impacts on both grape growers and Port traders. Nonetheless, data from the last decade points to a relatively long negative phase of the business cycle. The annualized return rate of 5% on storage that was obtained for old Port wine, indicate that this is an asset attractive enough to be included in any investment portfolio.
dc.identifierdoi:10.22004/ag.econ.253687
dc.identifierhttps://ageconsearch.umn.edu/record/253687/files/16_1_1.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/253687
dc.identifier.urihttp://hdl.handle.net/123456789/625661
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/253687
dc.titleProduction and Trade of Port Wine: Temporal Dynamics and Pricing
dc.typeText

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