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French Wines on the Decline? Econometric Evidence from Britain

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  • Bodo Steiner

Abstract

French wines, differentiated by geographic origin, served for many decades as a basis for the French success in the British wine market. However in the early 1990s, market share began to decline. This article explores the values that market participants placed on labelling information on French wines in Britain in 1994. Results from a parametric hedonic approach indicate that both the lack of a consistently positive valuation of varietal wines and the low valuation of wines with geographical appellation help to explain the overall decline of France's role in the British wine market.

Suggested Citation

  • Bodo Steiner, 2004. "French Wines on the Decline? Econometric Evidence from Britain," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(2), pages 267-288, July.
    • Handle: RePEc:bla:jageco:v:55:y:2004:i:2:p:267-288
    DOI: 10.1111/j.1477-9552.2004.tb00096.x
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    References listed on IDEAS

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    1. Bureau, J.-C. & Gozlan, E. & Marette, S., 1999. "Quality Signaling and International Trade in Food Products," Papers 99-13, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
    2. Joseph A. Herriges & Catherine L. Kling & Christopher D. Azevedo, 1999. "Linking Revealed and Stated Preferences to Test External Validity," Center for Agricultural and Rural Development (CARD) Publications 99-wp222, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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    Citations

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    Cited by:

    1. Laura Daniuseviciute-Brazaite, 2021. "Education for Sustainable Development: Sustainability-Related Food Labels," Sustainability, MDPI, vol. 13(15), pages 1-8, July.
    2. Chengyan Yue & Stéphan Marette & John C. Beghin, 2006. "How to Promote Quality Perception in Wine Markets: Brand Advertising or Geographical Indication?," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 06-wp426, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. San Martin, Guillermo S. & Brümmer, Bernhard & Troncoso, Javier L., 2008. "Determinants Of Argentinean Wine Prices In The U.S. Market," Working Papers 37327, American Association of Wine Economists.
    4. repec:hal:wpspec:info:hdl:2441/eu4vqp9ompqllr09hi64o4ks9 is not listed on IDEAS
    5. Jacobo Núñez & David Martín‐Barroso & Francisco J. Velázquez, 2024. "The hedonic price model for the wine market: A systematic and comparative review of the literature," Agricultural Economics, International Association of Agricultural Economists, vol. 55(2), pages 247-264, March.
    6. Evens Salies & Bodo Steiner, 2011. "Have policy distortions spilled over across wine markets? Evidence from the French wine sector," SciencePo Working papers Main hal-03461418, HAL.
    7. Cacchiarelli, Luca & Carbone, Anna & Esti, Marco & Laureti, Tiziana & Sorrentino, Alessandro, 2015. "Wine quality and prices: experts vs market," 143rd Joint EAAE/AAEA Seminar, March 25-27, 2015, Naples, Italy 202750, European Association of Agricultural Economists.
    8. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09hi64o4ks9 is not listed on IDEAS
    9. Andrango, Graciela & Canales, Elizabeth, 2017. "Determinants of the Argentinean Wine Price," Journal of Food Distribution Research, Food Distribution Research Society, vol. 48(1), March.
    10. repec:spo:wpecon:info:hdl:2441/eu4vqp9ompqllr09hi64o4ks9 is not listed on IDEAS
    11. Richard Carew & Wojciech J. Florkowski, 2010. "The Importance of Geographic Wine Appellations: Hedonic Pricing of Burgundy Wines in the British Columbia Wine Market," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(1), pages 93-108, March.
    12. Ahmad, Waseem & Anders, Sven M. & Marcoul, Philippe, 2013. "Production Arrangements and Strategic Brand Level Competition in a Vertically Linked Market," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150749, Agricultural and Applied Economics Association.
    13. García Arancibia, Rodrigo & Rossini, Gustavo & Depetris Guiguet, Edith, 2015. "Wine Label Descriptors and Shelf Price Paid by Argentine Consumers," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 16(2), pages 1-17.
    14. Osman GULSEVEN & Michael WOHLGENANT, 2017. "What are the factors affecting the consumers' milk choices?," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(6), pages 271-282.
    15. Cacchiarelli, Luca & Carbone, Anna & Esti, Marco & Laureti, Tiziana & Sorrentino, Alessandro, 2015. "Assessing the Value of Quality in the Italian Wine Market," 2015 Conference, August 9-14, 2015, Milan, Italy 211379, International Association of Agricultural Economists.
    16. Chen, Kuan-Ju & McCluskey, Jill J., 2018. "Impacts of Expert Information on Prices for an Experience Good across Product Segments: Tasting Notes andWine Prices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(3), September.
    17. repec:spo:wpmain:info:hdl:2441/eu4vqp9ompqllr09hi64o4ks9 is not listed on IDEAS

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