A Meta-Analysis of Geographical Indication Food Valuation Studies: What Drives the Premium for Origin-Based Labels?

We conduct a meta-analysis of studies estimating price premiums for agricultural products differentiated by Geographical Indication (GI). Models accounting for differences across product characteristics (food categories) and institutions (PDO, PGI, trademarks) explain a large portion of the variance...

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Bibliographische Detailangaben
Veröffentlicht in:Journal of Agricultural and Resource Economics. - Western Agricultural Economics Association. - 38(2013), 2, Seite 204-219
1. Verfasser: Deselnicu, Oana C. (VerfasserIn)
Weitere Verfasser: Costanigro, Marco, Souza-Monteiro, Diogo M., McFadden, Dawn Thilmany
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2013
Zugriff auf das übergeordnete Werk:Journal of Agricultural and Resource Economics
Schlagworte:Physical sciences Business Applied sciences Law Economics
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520 |a We conduct a meta-analysis of studies estimating price premiums for agricultural products differentiated by Geographical Indication (GI). Models accounting for differences across product characteristics (food categories) and institutions (PDO, PGI, trademarks) explain a large portion of the variance in estimated premiums. Specifically, GIs capture the highest percentage premium in markets for products with short supply chains and relatively low added value (e.g., agricultural commodities). The premium is lower for wine and olive oil, where alternative means of product differentiation (e.g., branding) exist. Controlling for product characteristics, GIs adopting stricter regulations (PDO) yield larger premiums than less regulated ones (PGI). 
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