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The paper is an original article that uses accounting frameworks to determine what creates a competitive advantage in a cooperative business model. In particular, it investigates the influence of tangible, intangible and financial resources on the business performance of cooperatives operating in the Sicilian wine industry, with the RBV of the firms as a theoretical background. Using a linear regression model, our results show that tangible and financial resources are a source of a sustained competitive advantage. This study fills the gap existing in the strategic management literature related to the role of resources, tangible and intangible, in the cooperative system, providing both theoretical and practical implications.

This study applies the hedonic pricing model to examine important objective attributes appearing on the label of Italian wines influencing average customer wine prices in Japan. Data on 829 red Italian wines sold in the Japanese market were collected through the wine searcher dataset, and the information included on the wine labels, useful for assisting in the selection and appreciation of wines, has been included. A log-linear model was esteemed and the proposed hedonic equation accounted for 43.5% of the variation in wine prices. The results indicate that international grape varieties, alcohol content and the year of production explain most of the price difference. On the other hand, the appellations of origin linked to specific Italian territories negatively affect the medium price of wine. The proposed model will provide useful information for export-oriented Italian wineries in order to establish effective marketing strategies.

This study offers a contribution to understanding the complexity of the international wine trade analysing the specialisation patterns of 14 among the most important wine world actors in the period 2007–2016, in order to verify if the patterns of comparative advantages for the trade of this countries have experienced significant changes. Using the Lafay index, as a comparative advantage measure, our results reveal deep changes in the global wine market exchange. Our result constitutes a base element for the future development of the competitive scenario and provides some both theoretical and practical implications. In the baseline projection, the maintenance of the competitive position is closely linked to the needs to know the specificities, the differences, the sizes and the economic opportunities for each of the countries target, in order to undertake targeted actions and effective strategies.

This paper aims to present a framework of trade relations between Italy and the countries of southern and eastern shores of the Mediterranean Sea. More specifically, using the indicators proposed in the analysis of international trade, we want to analyse the intensity of trade in agri-food products and the strength of trade ties between the bordering Mediterranean countries. The analysis of the intensity of trade flows of food products from Italy and the partner countries of North Africa and the Near East has allowed us to trace a network of flows between the countries in the area. If we can see an overall weakening of the agri-food trade, the analysis for individual partner states, however, shows a strengthening of ties with Turkey, Tunisia and Croatia, which are among the most important trading partners, but also with Egypt, in the face instead of a detriment intensity of agri-food trade with Morocco and Algeria. Reference to this paper should be made as follows: Crescimanno, M., Galati, A., Siggia, D. and Farruggia, D. (2013) 'Intensity of Italy's agri-food trade with countries outside the EU Mediterranean', Int. J. Business and