Economic performance of wine production in EU: a multi-indicator comparative analysis

Aleksandra Figurek, Alkis Thrassou, Demetris Vrontis

Research output: Contribution to journalArticlepeer-review


This paper focuses on the specialised EU wine producers participating in the farm accountancy data network (FADN), and employs the FADN approach to perform a multi-indicator comparative examination of the income of European wine production. The research substantively contributes to the development of a more precise approach and suitable indicators that are requisite in measuring the economic performance of EU wine production. Specifically, the indicators of economic performance in wine production are farm net value added (FNVA), FNVA annual working unit (AWU), farm net income (FNI), and family farm income (FFI/FWU). The ratio between total production (total output) and the inputs used in production activities, such as intermediate consumption and particular expenses, is an indication of the overall productivity of an agricultural farm. FADN provides the opportunity to accomplish performance targets including monitoring the development of agricultural income and assessing how European policies affect agricultural firms.

Original languageEnglish
Pages (from-to)3-30
Number of pages28
JournalJournal for Global Business Advancement
Issue number1
Publication statusPublished - 2023
Externally publishedYes


  • CAP
  • common agriculture policy
  • EU
  • FADN
  • family farm income (FFI/FWU)
  • farm accountancy data network
  • farm net income
  • farm net value added
  • FNI
  • FNVA
  • subsidies
  • wine


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