29 July 2021 News

Raimondi V., Curzi D., Arfini F., Olper A., Aghabeygi M. (2018), Evaluating Socio-Economic Impacts of PDO on Rural Areas. S2F Project, AgEcon Search, University of Parma

The European Agricultural Policy tries to achieve sustainable agriculture by paying appropriate subsidies. EU makes agri-food chains more competitive by developing quality policy through the definition and promotion of food quality schemes which consider the area of production as a credence good. Those products are classified as Geographical Indication (GI) and include PDO and PGI products. In particular, the generated effects of GIs on the territorial level are not clear. The objective of this research is to evaluate the socio-economic impacts of GIs on the territory of origin indicated in the product specification. The research considers all the NUTS 3 regions of Italy, France and Spain during 1993 – 2014 in a framework of dynamic panel model. The results shown that an increase in the number of GI products generate a positive socio-economic impact in the short and long run.