mercoledì 28 settembre 2011

Olive oil market review #1

We would like to start today a new activity, a database of references of selected pubilcation about the olive oil market.
There are really few energies paid to shed a light on this market. As we know, the olive oil market raised to a considerable total value only in the most recent years, and this could be the main reason behind the aforementioned lack of focus. There are really few articles about international trade dynamics, consumer preferences, industrial organization. A relatively fair amount of papers contributes to uncover the policy related to the olive oil sector. Given the specific nature of both the production function and the industry, and due to the large amount of small-to-medium sized farms involved (mainly in the mediterrean area), subsidies always played a relevant role, thus leading to a need for depth analysis.
Most of the contributions, use descriptive statistics and qualitative analysis methods. Most of the attempts of inferential modelling applied to the olive oil market deserve to be refined, some presents a considerable level of analytical skills.
Finally, many articles are related to the health and cultural implication of the olive oil consumption and production.
We hope, by opening this session, to rise interest for the modelling of the olive oil sector's dynamics and to a create a virtual place where compare perspectives, ideas, and results.

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