Geographical Indications and Price Volatility Dynamics of Lamb Prices in Spain

Ferrer-Pérez, Hugo; Abdelradi, Fadi; Gil, José M.

doi:10.3390/su12073048

Cited by 14 publications

(9 citation statements)

References 45 publications

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“…These data highlight the need to develop measures and policy responses to help producers fight price volatility [13,33,34,36,37]. In this regard, the efficiency degree of the markets is also important in order to adopt stabilizing measures that can dissipate any shocks with no degree of persistency of volatility [17].…”

Section: Discussionmentioning

confidence: 99%

“…This recognition could help producers to better market their products [15,16]. In this sense, recent data suggested that PGI may be an efficient tool to protect lamb farmers from fluctuating prices, thus assuring the fulfillment of positive externalities [17]. Moreover, the role of agrarian markets around the country, which set weekly meat prices and are also used as reference for commercial transactions [18], could also be the reason for price differences.…”

Section: Introductionmentioning

confidence: 99%

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Price Fluctuation, Protected Geographical Indications and Employment in the Spanish Small Ruminant Sector during the COVID-19 Crisis

Vidaurreta

Orengo

et al. 2020

Animals

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Official milk prices in the Spanish small ruminant sector were used for 5 years (2015–2019) to analyze the effect caused by the coronavirus disease (COVID-19) crisis in 2020. Meat price fluctuations were also studied using the weekly prices officially provided by some of the main agrarian markets of the country (n = 6) in 2019 and 2020. Moreover, the sales and prices of three protected geographical indications (PGI) of lamb meat served to study the marketability when the products are sold or not under these quality labels in a crisis context. According to Spanish Government’s official communications, 2020 was divided in three periods of study (pre-COVID-19, total confinement and post-confinement). The evolution of employment in this subsector in 2020, as a direct consequence of this crisis, was also analyzed considering data provided by producers. Results showed an intra-annual seasonal effect for milk prices in 2020 for both livestock species, as observed in previous years. However, a negative economic impact on goat milk prices due to the pandemic was checked during the confinement and post-confinement months. Sheep milk prices remained stable. Lamb and goat kid meat prices showed a similar trend in comparison with 2019 during the pre-COVID-19 period. The total confinement period recorded a short interval of 1–2 weeks in which the prices declined, before the suspension of quotations in many markets. In contrast, once confinement was completed, meat prices for both ruminant species rapidly reached levels that existed before the coronavirus crisis. Overall data suggested the protective effect of the PGI marks on lamb meat. Lambs with a PGI had better 2020 prices than non-PGI lambs (+8%), regardless of the period analyzed. Moreover, with fewer lambs sold in 2020, there was a relevant drop in sales of non-PGI lambs vs. PGI (−19% vs. −2%) during the first 7 months. Finally, there was little or no readjustment of the workforce in the small ruminant flocks.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Price Fluctuation, Protected Geographical Indications and Employment in the Spanish Small Ruminant Sector during the COVID-19 Crisis

Vidaurreta

Orengo

et al. 2020

Animals

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“…It has gained ore interest since its protection has been ensured multilaterally under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement of the World Trade Organisation. (Singh, 2016;Ferrer-Pérez, 2020) For almost 30 years, the European Union (EU) has introduced legislation for the protection of geographical indications for agricultural products and foodstuffs, as an instrument for an active quality policy (Josling, 2006, Leufkens, 2018.…”

Section: Review Of the Scientific Literaturementioning

confidence: 99%

How Does the European Recognition Change the Economic Value of a Product? Case Study “Cașcaval de Săveni”

Popa¹,

Nica²

2021

New Trends in Sustainable Business and Consumption

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The promotion of geographical indications (GIs) can help to improve the relationship between producers and consumers with the effect of increasing the demand for such products and thus increasing the supply. The EC analysis of agri-food trade in the 27 European countries with such agri-food products showed that consumer interest in products in this category has increased, creating advantages and opportunities for countries with products registered as a European quality scheme. This paper aims to increase the awareness of agri-food producers about the potential benefits of obtaining and registering agri-food products on European quality schemes. Consequently, "Cașcaval de Săveni" (PGI) model was analysed to illustrate the positive economic impact that the development of a quality scheme can have on a product. The economic data presented has not been included in other studies. As far as it goes for the value of the present, because Romania has only 8 products registered as GIs the subject is of interest and represent new ground that can be developed and it suitable for studies. Based on the present paper traditional producers from Romania can evaluate using these findings the high benefits of registering their products as IGs. We hope that the research will stimulate the development of short food chains and associations of them for the registration of other IGs.

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“…The results from Barjolle and Sylvander [22] show that the economic success of registered products in comparison to similar, unregistered products depends in particular on the specificity of the product, its relevance for the market, and cooperation between members of the protection associations. Most recently, Ferrer-Pérez et al [34] show at the example of the Navarra lamb the potential of protecting regional farmers from strongly fluctuating prices with GI measures.…”

Section: Price-related Argumentsmentioning

confidence: 99%

The EU Food Label ‘Protected Geographical Indication’: Economic Implications and Their Spatial Dimension

et al. 2020

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This study analyses the economic effects of the EU policy on the protection of origin. The focus is on three types of food products with Protected Geographical Indication (PGI), whose reference areas are located in the Free State of Bavaria: Beer (Bayerisches Bier PGI), asparagus (Franken-Spargel PGI, Schrobenhausener Spargel PGI), and carp (Aischgründer Karpfen PGI, Oberpfälzer Karpfen PGI). The study is based on secondary statistical analysis and a series of expert interviews. The results show positive effects on sales mainly for beer on international markets, and positive effects on price mainly for carp on the local and regional levels. All in all, we see that protection of origin stabilizes and supports the economic trajectory of its product. This study also shows that its economic effects vary widely: Firstly, price and sales effects are not automatic and differ in intensity; and secondly, the spatial dimensions of the economic effects exhibit different patterns. The primarily price-related effects at the local–regional level for carp (and to some extent for asparagus) are categorized as local effects (type A). The sales effect at the global level for beer is categorized as type B (export effect). Finally, this study postulates further potential forms of ‘price and sales geographies’.

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Geographical Indications and Price Volatility Dynamics of Lamb Prices in Spain

Cited by 14 publications

References 45 publications

Price Fluctuation, Protected Geographical Indications and Employment in the Spanish Small Ruminant Sector during the COVID-19 Crisis

Price Fluctuation, Protected Geographical Indications and Employment in the Spanish Small Ruminant Sector during the COVID-19 Crisis

How Does the European Recognition Change the Economic Value of a Product? Case Study “Cașcaval de Săveni”

The EU Food Label ‘Protected Geographical Indication’: Economic Implications and Their Spatial Dimension

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