Wittwer, GlynBerger, NickAnderson, Kym2016-07-202016-07-200264-9993http://hdl.handle.net/1885/106523This paper describes the theoretical and empirical structure of the World Multisectoral Wine Model, which uses some of the features of general equilibrium models. The model is disaggregated into the expanding premium and shrinking non-premium segments of the wine market. To illustrate its usefulness, we model the impact on the global market of the projected rapid premium supply expansion in New World wine production to 2005. The results show supply-induced falls in producer prices of New World producers are dampened or even reversed in the projection period by a growing consumer preference globally for premium wine.Thanks are due to Australia’s Grape and Wine Research and Development Corporation, its Rural Industries Research and Development Corporation, and the Australian Research Council for financial support.20 pagesapplication/pdfen-AU© 2002 Elsevier Science B.V.WineGrapesGlobal wine modelling2003-0510.1016/S0264-9993(01)00095-5