The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications

Catherine Haeck, Giulia Meloni and Johan Swinnen

No 634338, Working Papers of LICOS - Centre for Institutions and Economic Performance from KU Leuven, Faculty of Economics and Business (FEB), LICOS - Centre for Institutions and Economic Performance

Abstract: Previous studies on the value of terroir, or more generally geographical indications (GI), used hedonic techniques. We use historical data and exploit temporal and geographical variations in the introduction of wine GIs in early twentieth century France to study the impact on the price of specific wines in the years and decades following their introduction. We find large effects of GIs on prices of some Champagne wines, but no significant impact on Bordeaux or other Champagne wines.

Pages: 56
Date: 2018-09
New Economics Papers: this item is included in nep-agr, nep-his and nep-ure
Note: paper number 408/2018
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Citations: View citations in EconPapers (4)

Published in LICOS Discussion paper series, pages 1-56

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https://lirias.kuleuven.be/retrieve/532284 Published version (application/pdf)

Related works:
Journal Article: The Value of Terroir: A Historical Analysis of the Bordeaux and Champagne Geographical Indications (2019)
Working Paper: The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:licosp:634338

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