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...

We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...

Despite the growing importance of geographical indications (GI), relatively little attention has been devoted to studying the optimal size of a GI region, as well as how lobbying by interest groups may affect the actual size. We develop a political economy model of the size of geographical...

This paper addresses to what extent governments have traded off price distortions for reduced volatility in intervening in agricultural and food markets during the recent food price spikes. We develop a model to derive how much distortions a government would introduce when it cares about...

"Modern" agricultural markets are characterized by, among other things, quality requirements and vertical coordination. The nature of the industrial organization of the value chain depends on a variety of factors, such as local institutions, economic growth, demand, institutional infrastructure...