IDEAS home Printed from https://ideas.repec.org/a/wly/agribz/v21y2005i4p531-544.html
   My bibliography  Save this article

Managing price cycles in the Champagne industry

Author

Listed:
  • Francis Declerck

    (Department of Finances, ESSEC Business School, B.P. 50105, 95021 Cergy-Pontoise Cedex, France)

Abstract

On average, it takes three years to produce Champagne from the raw grapes, so the adjustments of supply to demand lead to jumps in retail prices during economic booms and drops in retail prices in periods of stagnation|recession. This cycle disturbs consumers and seriously affects vine growers and wine makers. This paper reports how both professions have learned from experience, and have been able to negotiate terms with retailers to limit price swings. A producer-retailer cycle is exhibited with 3 loops over the period 1978-2003. [EconLit Citations: D430, L290, L660]. © 2005 Wiley Periodicals, Inc. Agribusiness 21: 531-544, 2005.

Suggested Citation

  • Francis Declerck, 2005. "Managing price cycles in the Champagne industry," Agribusiness, John Wiley & Sons, Ltd., vol. 21(4), pages 531-544.
    • Handle: RePEc:wly:agribz:v:21:y:2005:i:4:p:531-544
    DOI: 10.1002/agr.20063
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1002/agr.20063
    File Function: Link to full text; subscription required
    Download Restriction: no
    File URL: https://libkey.io/10.1002/agr.20063?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
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Declerck, Francis & Cloutier, L. Martin, 2008. "The Financial Value of Champagne Houses in a Cobweb Economy," 110th Seminar, February 18-22, 2008, Innsbruck-Igls, Austria 49842, European Association of Agricultural Economists.

    More about this item

    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:wly:agribz:v:21:y:2005:i:4:p:531-544. 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: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297 .

    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.