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News & Press

Slovak Tokaj vineyards damaged by fire

15 Mar 2012 Flash News

A significant area of Slovakia’s Tokaj vineyards near Čerhov (in Trebišov district, eastern Slovakia) was damaged by fire yesterday afternoon (Wednesday, March 14). Locals and well as volunteer firemen helped extinguish the fire.

“Two fire engines with six professional firemen were sent, and helped prevent the fire from spreading to the forest,” Trebišov firefighter Juraj Pastor told the TASR newswire, who said he and his colleagues were called out at 16:35. Pastor added that fires spread to neighbouring houses but these were extinguished. TASR reported that more than 10 hectares of vines were damaged.

Tokaj, also known internationally as Tokay, is a special type of wine produced in just one region of the world, bordering Hungary and Slovakia.

Source: TASR  Compiled by Zuzana Vilikovská from press reports



Analysis of the Slovak Wine Exports by Gravity Model

The focus of the paper is to determine the tendency of development of Slovak wine international trade. The objective of the article is to identify barriers and positive stimulants of wine exports using the gravity model. On the one hand, the basic determinants of gravity model as GDP per capita, number of inhabitants in the import countries and the distance between Slovakia and its business partners are considered as the potential determinants for the Slovak wine export. On the other hand, there are other factors used that come from papers with similar topics and those are production of the domestic country, membership in international and trade organizations, common characteristics of the domestic country and its business partners. Based on the results of this research, variability of dependent variable can be better explained by model with cross-cutting nature than by the panel model. Significant variables behave according to the general presumptions. Membership in the EU, the OECD and the WTO were determined by the model as the factors without significant influence on Slovak wine export. Common characteristics, however, appeared to have positive impact on mutual foreign trade. Furthermore, it was found out that the Slovak wine is seen as an inferior good by the consumers.

Analysis of the Slovak Wine Exports by Gravity Model
Analýza slovenského exportu vína využitím gravitačného modelu


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