Climate changes and new productive dynamics in the global wine sector

Climate change has the potential to impact agricultural sector and wine in particular. The impacts of climate are likely differ across producing regions wine. Future scenarios may push some into climatic regimes favourable grape growing production, with changes areas planted vines. We examine which is linkage between productivity levels global sector. Within framework supply response, we assume that grapevines acreage yield a function change. find suffers from higher temperatures during summer, whereas precipitations have varying on depending cycle grapevines. Differently, share tends be favoured by annual temperatures, greater tend detrimental. vary Old World Producers New Producers, also due heterogeneity them.