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Home
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Working Papers
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The Value of Terroir. A Historical Analysis of the Bordeaux and Champagne Geographical Indications

Working Paper No. 234

Published: 2018
Category:
Economics

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

Catherine Haeck, Giulia Meloni & Johan Swinnen
Full Text PDF
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.

Submission

Please send your papers as PDF files to the editor, Victor Ginsburgh, at vginsbur@ulb.ac.be
Papers will be quickly reviewed, prior to potential posting on the website. Decision will be to post or not, possibly with short comments, but without referee reports. The decision will be based primarily on the suitability of the paper’s topic to the aims of the Association.
Such decisions are independent of publication decisions for the Journal of Wine Economics.

Working Paper publication requires that at least one author
is a regular member of AAWE.

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