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...

The EU wine market is heavily regulated. Despite the many distortions in the wine market as a consequence, refirming the regulations has proven difficult. This paper analyses the political economy mechanism that created the existing set of wine regulations. We document the historical origins of...

It is hard to imagine in the 21st global wine economy, but until 50 years ago Algeria was the largest exporter of wine in the world - and by a wide margin. Between 1880 and 1930 Algerian wine production grew dramatically. Equally spectacular is the decline of Algerian wine production: today,...

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...