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The Economics of Wine - Introduction

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  • Alan Duncan
  • David Greenaway

Abstract

To coincide with the 150th anniversary of the famous Bordeaux Wine Classification of 1855, the Centre for Policy Evaluation at the University of Nottingham sponsored a special session at the 2005 RES Annual Conference on the economics of wine. The 1855 classification was completed as part of the Paris Exhibition of the same year as a temporary means to determine which Bordeaux wines would be exhibited. The classification took hold, and is still in use today. In celebration, this Feature explores how economics can add to an understanding of wine production and wine markets. Copyright © The Author(s). Journal compilation © Royal Economic Society 2008.

Suggested Citation

  • Alan Duncan & David Greenaway, 2008. "The Economics of Wine - Introduction," Economic Journal, Royal Economic Society, vol. 118(529), pages 137-141, June.
  • Handle: RePEc:ecj:econjl:v:118:y:2008:i:529:p:f137-f141
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    Cited by:

    1. Jean-Marc Touzard & Yuna Chiffoleau & Camille Maffezzoli, 2016. "What Is Local or Global about Wine? An Attempt to Objectivize a Social Construction," Sustainability, MDPI, vol. 8(5), pages 1-20, April.

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