✦ LIBER ✦

Economies of size in wineries and impacts of pricing and product mix decisions

✍ Scribed by Raymond J. Folwell; Mark A. Castaldi

Publisher: John Wiley and Sons
Year: 1987
Tongue: English
Weight: 552 KB
Volume: 3
Category: Article
ISSN: 0742-4477
DOI: 10.1002/1520-6297(198723)3:3<281::aid-agr2720030304>3.0.co;2-r

No coin nor oath required. For personal study only.

✦ Synopsis

Five wineries ranging in size from 10,000 to 900,000 gallons were analyzed as to investment and operating costs and the impacts of changing product and input prices on their relative financial attractiveness. The larger wineries, while being more costly to establish, offer lower per unit operating costs and greater financial returns. The returns to smaller wineries tend to be more sensitive to wine or product prices than grape and input prices.

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