Full Text PDF.pdf

AAWE_WP130.pdf
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🔗 Source: wine-economics.org
📊 Size: 2 MB
👤 Author: Karl Storchmann
⬇️ Downloads: 53

Summary

The EU is the world's largest wine producer, accounting for 60% of global production, and has a highly regulated wine market. In 2007, the EU decided to reform its wine policy, including abolishing the planting rights system, which limited vineyard plantings. Opponents of the liberalization claim it will harm small producers and lead to lower wine prices and quality. The European Commission argues that liberalization will improve competitiveness. This paper provides a theoretical analysis of the economic effects of planting rights, integrating the markets for land, planting rights, and wine, and considering enforcement problems, trade restrictions, and government reserves.

Description

The EU is the world's largest wine producer, accounting for 60% of global production, and has a highly regulated wine market.

Technical Information

  • File Format: PDF
  • File Size: 2 MB
  • Pages: 58
  • Language: EN
  • Author: Karl Storchmann
  • Total Downloads: 53
  • Last Updated: 1 week ago

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