IDEAS home Printed from https://ideas.repec.org/a/anr/reseco/v16y2024p83-104.html
   My bibliography  Save this article

The Economics of Geographical Indications: An Update

Author

Listed:
  • Luisa Menapace

    (Governance in International Agribusiness, TUM School of Management and TUM School of Life Sciences, Technical University of Munich, Munich, Germany)

  • GianCarlo Moschini

    (Department of Economics and Center for Agricultural and Rural Development, Iowa State University, Ames, Iowa, USA)

Abstract

We discuss the economics of geographical indications (GIs), a form of collective branding of products based on their geographic origin. GIs serve as essential tools in addressing market failures stemming from information asymmetries and supporting the provision of high-quality products in competitive settings. They are increasingly used in wine and food markets. We briefly review the institutional development of GIs, discuss the basic economic theory arguments that rationalize the use of GIs, and characterize their key functions. We then examine the empirical evidence from studies that have probed various features of GIs. We find consensus on the potential for GIs to address a very real market failure and the positive role that policies and supporting institutions can play. We also uncover limitations and unresolved problems. GIs have both efficiency and distributional consequences, their international implications remain controversial, and tensions between tradition and innovation emerge while confronting new challenges such as climate change.

Suggested Citation

  • Luisa Menapace & GianCarlo Moschini, 2024. "The Economics of Geographical Indications: An Update," Annual Review of Resource Economics, Annual Reviews, vol. 16(1), pages 83-104, October.
    • Handle: RePEc:anr:reseco:v:16:y:2024:p:83-104
    DOI: 10.1146/annurev-resource-101623-092812
    as

    Download full text from publisher

    File URL: https://doi.org/10.1146/annurev-resource-101623-092812
    Download Restriction: Full text downloads are only available to subscribers. Visit the abstract page for more information.
    File URL: https://libkey.io/10.1146/annurev-resource-101623-092812?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    market failures; geographical indications; collective reputation; international trade; intellectual property; quality certification;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anr:reseco:v:16:y:2024:p:83-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: http://www.annualreviews.org (email available below). General contact details of provider: http://www.annualreviews.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.