Work

Have Policy Distortions Spilled over across Wine Markets?:Evidence from the French Wine Sector

Year: 2011

Type: preprint

Abstract: This paper investigates cross-market effects of policy instruments that were implemented in the table and quality wine market as one of the pillars of market intervention in Europe's Common Market Organisation (CMO) for wine. We explore two hypotheses regarding the spill-over of distillation policy distortions and quality downgrading. Empirical evidence from France, the largest producer of quality wines in Europe, provides support for the hypothesis that distillation policy distortions in the quality wine market have spilledover to the table wine market. As predicted by our second hypothesis, we find evidence for quality downgrading, a phenomenon that has so far received little attention in the wine economics literature.

Source: RePEc: Research Papers in Economics

Authors: Salies, Evens, Steiner, Bodo

Institutions: Institut d'Etudes Politiques de Paris, University College Cork

Language: English

Topic: Wine Industry and Tourism

Subfield: Tourism, Leisure and Hospitality Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1523930643

Cites: 9

Cited by: 2

Related to: 10