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Despite the growing importance of geographical indications (GI), relatively little attention has been devoted to studying the optimal size of a GI region, as well as how lobbying by interest groups may affect the actual size. We develop a political economy model of the size of geographical...
Persistent link: https://www.econbiz.de/10013043539
In this article we study the political process that governs the creation and size of new Geographical Indications (GIs). Producers can choose to apply for a GI and subsequently go through a bargaining process with the government. We derive the optimal GI area from the point of view of consumers,...
Persistent link: https://www.econbiz.de/10014132773
There are major differences in regulation among various countries. A particular case is the difference between the EU and US in regulating biotechnology. We develop a formal and dynamic model of government decision-making on regulation. We show that minor differences in consumer preferences can...
Persistent link: https://www.econbiz.de/10014184759
Persistent link: https://www.econbiz.de/10009299645
Persistent link: https://www.econbiz.de/10009573975
As recently as a century ago, one out of two people in Europe was employed in the agricultural sector. Today agriculture represents only a small fraction of total employment in most EU member states. What makes this decline in agricultural employment even more striking is that this evolution has...
Persistent link: https://www.econbiz.de/10014168749