Wine Economics  
Wine Economics  
Stefano Castriota  
Foreword by Orley Ashenfelter  
Translated by Judith Turnbull  
The MIT Press  
Cambridge, Massachusetts  
London, England  
© 2020 Massachusetts Institute of Technology  
This work is subject to a Creative Commons CC-BY-NC-ND license. Subject to such license, all rights  
are reserved.  
The open access edition of this book was made possible by generous funding from Arcadia—a  
charitable fund of Lisbet Rausing and Peter Baldwin.  
The translation of this work has been funded in part by these organizations:  
SEPS—Segretariato Europeo per le Pubblicazioni Scientifiche  
Via Val d’Aposa 7—40123 Bologna—Italy, [email protected]—  
Consorzio di Tutela Barolo Barbaresco Alba Langhe e Dogliani  
This book was originally published as Economia del Vino in 2015 by Egea S.P.A.  
This book was set in Sabon LT by Westchester Publishing Services.  
Library of Congress Cataloging-in-Publication Data  
Title: Wine economics / Stefano Castriota ; foreword by Orley Ashenfelter; translated by Judith  
Other titles: Economia del vino. English  
Description: Cambridge, Massachusetts : MIT Press, [2020] | Includes bibliographical references and  
Identifiers: LCCN 2020003044 | ISBN 9780262044677 (hardcover)  
Subjects: LCSH: Wine industry. | Wine and wine-making—Economic aspects.  
Classification: LCC HD9370.5 .C37513 2020 | DDC 338.4/76632—dc23  
LC record available at