The Value of Terroir: A Historical Analysis of the Bordeaux and Champagne Geographical Indications

Catherine Haeck, Giulia Meloni and Johan Swinnen

Applied Economic Perspectives and Policy, 2019, vol. 41, issue 4, 598-619

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.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
https://doi.org/10.1093/aepp/ppz026

Related works:
Working Paper: The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications (2018)
Working Paper: The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:apecpp:v:41:y:2019:i:4:p:598-619

Access Statistics for this article

More articles in Applied Economic Perspectives and Policy from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().