Contribution in an anthology

Appeared in: The Oxford handbook of the economics of food consumption and policy

Editor list: Lusk, JL; Roosen, J; Shogren, JF

Publication year: 2011

Pages: 811-842

ISBN: 978-0-19-956944-1

eISBN: 978-0-19-174398-6

DOI Link: https://doi.org/10.1093/oxfordhb/9780199569441.013.0034

Abstract: 

This article summarizes and surveys the economics of geographically differentiated products. It presents the rationale for regulation and the economic implications of regulation on geographical indications (GI) are elaborated by the use of various theoretical approaches. The article defines the concepts of geographically differentiated products and geographical indications and outlines briefly the different legal regulations in force. Thereafter, the economic rationale for establishing and protecting GIs as well as the different paradigms prevailing in the European Union and the United States are presented. Moreover, this article analyzes economic impacts of protecting and promoting GIs. It reviews and synthesizes the available empirical evidence on consumers' willingness to pay (WTP) for origin labels and the economic rationale of GIs. The analyses comprises a large number of different approaches and case studies reflecting the array of research questions arising out of geographically differentiated products.

Harvard Citation style: Herrmann, R. and Teuber, R. (2011) Geographically Differentiated Products, in Lusk, J., Roosen, J. and Shogren, J. (eds.) The Oxford handbook of the economics of food consumption and policy. Oxford: Oxford University Press, pp. 811-842. https://doi.org/10.1093/oxfordhb/9780199569441.013.0034

APA Citation style: Herrmann, R., & Teuber, R. (2011). Geographically Differentiated Products. In Lusk, J., Roosen, J., & Shogren, J. (Eds.), The Oxford handbook of the economics of food consumption and policy (pp. 811-842). Oxford University Press. https://doi.org/10.1093/oxfordhb/9780199569441.013.0034