The Political Economy of European Wine Regulations
44 Pages Posted: 15 Jun 2013
Date Written: October 17, 2012
The EU wine market is heavily regulated. Despite the many distortions in the wine market as a consequence, reforming the regulations has proven difficult. This paper analyses the political economy mechanism that created the existing set of wine regulations. We document the historical origins of the regulations and relate these to political pressures that resulted from international integration, technological innovations and economic developments.
Keywords: European agriculture, wine history, regulation, appellations, institutions
JEL Classification: K23, L51, N44, N54, Q13
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