Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200492 
Year of Publication: 
2018
Series/Report no.: 
LICOS Discussion Paper No. 408
Publisher: 
Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance, Leuven
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.
Subjects: 
Treatment effects
Appellations
European agriculture
regulation
wine history
JEL: 
C21
L51
L66
N53
Q11
Q18
Document Type: 
Working Paper

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