Portuguese olive oil and the price of regional products : does designation of origin really matter?
Autor(a) principal: | |
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Data de Publicação: | 2004 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/1337 |
Resumo: | Resources (tangible and intangible) can be mobilised to increase region’s reputation and confer a competitive advantage to certain products with origin in that region. The returns of a region’s resources depend upon the ability of local firms to appropriate the rents earned and whether the consumers value the characteristics of the region that are associated with the product, being disposed to pay a price premium. The results we got through the estimation of a hedonic price function, which relates the price of portuguese regional olive oil to its various attributes, provided empirical support to this idea. The study shows that designation of origin, producer’s brand and olive oil characteristics (biological and mixed with herbs) have strong impact on price. Specifically, olive oil from regions of “Trás-os-Montes e Alto Douro”, “Beiras e Ribatejo” and “Alentejo” are expected to have price premiums relative to other olive oil without region indication (base category). It also allows to conclude that olive oil acidity has a negative impact on price. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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spelling |
Portuguese olive oil and the price of regional products : does designation of origin really matter?Resources (tangible and intangible) can be mobilised to increase region’s reputation and confer a competitive advantage to certain products with origin in that region. The returns of a region’s resources depend upon the ability of local firms to appropriate the rents earned and whether the consumers value the characteristics of the region that are associated with the product, being disposed to pay a price premium. The results we got through the estimation of a hedonic price function, which relates the price of portuguese regional olive oil to its various attributes, provided empirical support to this idea. The study shows that designation of origin, producer’s brand and olive oil characteristics (biological and mixed with herbs) have strong impact on price. Specifically, olive oil from regions of “Trás-os-Montes e Alto Douro”, “Beiras e Ribatejo” and “Alentejo” are expected to have price premiums relative to other olive oil without region indication (base category). It also allows to conclude that olive oil acidity has a negative impact on price.Fundação para a Ciência e Tecnologia (FCT) - Programa Operacional Ciência, Tecnologia e Inovação (POCTI).Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoRibeiro, J. CadimaSantos, J. Freitas20042004-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/1337enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:09:13Zoai:repositorium.sdum.uminho.pt:1822/1337Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:00:34.007435Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
title |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
spellingShingle |
Portuguese olive oil and the price of regional products : does designation of origin really matter? Ribeiro, J. Cadima |
title_short |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
title_full |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
title_fullStr |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
title_full_unstemmed |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
title_sort |
Portuguese olive oil and the price of regional products : does designation of origin really matter? |
author |
Ribeiro, J. Cadima |
author_facet |
Ribeiro, J. Cadima Santos, J. Freitas |
author_role |
author |
author2 |
Santos, J. Freitas |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Ribeiro, J. Cadima Santos, J. Freitas |
description |
Resources (tangible and intangible) can be mobilised to increase region’s reputation and confer a competitive advantage to certain products with origin in that region. The returns of a region’s resources depend upon the ability of local firms to appropriate the rents earned and whether the consumers value the characteristics of the region that are associated with the product, being disposed to pay a price premium. The results we got through the estimation of a hedonic price function, which relates the price of portuguese regional olive oil to its various attributes, provided empirical support to this idea. The study shows that designation of origin, producer’s brand and olive oil characteristics (biological and mixed with herbs) have strong impact on price. Specifically, olive oil from regions of “Trás-os-Montes e Alto Douro”, “Beiras e Ribatejo” and “Alentejo” are expected to have price premiums relative to other olive oil without region indication (base category). It also allows to conclude that olive oil acidity has a negative impact on price. |
publishDate |
2004 |
dc.date.none.fl_str_mv |
2004 2004-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/1337 |
url |
http://hdl.handle.net/1822/1337 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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