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Registros recuperados: 6
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PRODUCER ORGANIZATIONS AND SELF-REGULATION IN AGRICULTURAL MARKETS AgEcon
Zago, Angelo M..
The analysis proposed in this paper is concerned with the welfare effects of self-regulation by Producer's Organizations (PO) as an alternative to market or public intervention. Using the advances of the economics of incentives, it studies the interaction of asymmetric information and the democratic process in the quality choices of a group of heterogenous producers. With a simple model of adverse selection it presents the pricing rules and the quality provision in a group of producers facing an opportunity to gain from their collective capacity to establish a reputation for their quality products. This paper explicitly considers the democratic process through which quality-based reward schemes are decided upon and enforced in the PO. It distinguishes...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis; Industrial Organization.
Ano: 1999 URL: http://purl.umn.edu/21717
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A SIMPLE MODEL OF VOLUNTARY VS MANDATORY LABELLING OF GMOS AgEcon
Kirchhoff, Stefanie; Zago, Angelo M..
We consider the welfare impact of the mandatory and voluntary labelling to inform consumers on GMOs content in foods. With a model of vertical differentiation in competitive markets, we evaluate the effects on price equilibrium and welfare levels. We find that the mandatory labelling scheme would be optimal in those countries with more GMO-averse consumers and no-GMOs practices producers. Voluntary labelling would instead optimally be chosen in those countries where producers are using GMOs and consumers are more concerned about the costs savings resulting in this technology adoption.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2001 URL: http://purl.umn.edu/20540
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ADVERTISING, COLLECTIVE ACTION, AND LABELING IN THE EUROPEAN WINE MARKETS AgEcon
Marette, Stephan; Zago, Angelo M..
In this paper we consider the role for collective action in advertising investments needed to compete on foreign markets and/or to enter into new markets. We model the choices facing producers in regions where both AO (high quality) and table (low quality) wines are produced. By joining forces with producers of other regions to invest in advertising, producers may penetrate into new markets. We show that it is profitable to enter into the new markets when, other things being equal, the size of the new market is relatively big, when the traditional market is relatively small, and when the size of the fixed investment in advertising is relatively small. We discuss the policy implications of the results, examining possible modifications of the AO system...
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 2003 URL: http://purl.umn.edu/27049
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QUALITY INDICATORS AND INTERMEDIATE PRODUCTS: A NON-PARAMETRIC APPROACH AgEcon
Zago, Angelo M..
In this paper we propose a methodology to measure the characteristics and composition of intermediate products using productivity indicators based on directional distance functions. We evaluate how quality attributes interact with the quantity level in grapes production, and find evidence of a trade-off between quantity and aggregate quality for Chardonnay.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2002 URL: http://purl.umn.edu/19591
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THE WELFARE IMPACT OF SELF-REGULATION AgEcon
Zago, Angelo M..
This paper is concerned with welfare effects of self-regulation. It considers one group of heterogeneous producers modelling incentives they face when collectively deciding about production and trade of a commodity and employing a technology that take into account the trade-off between quality and quantity.
Tipo: Conference Paper or Presentation Palavras-chave: Political Economy.
Ano: 2002 URL: http://purl.umn.edu/19719
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Labeling Policies in Food Markets: Private Incentives, Public Intervention, and Welfare Effects AgEcon
Zago, Angelo M.; Pick, Daniel H..
This study considers the welfare impact of labeling policies of agricultural commodities with specific characteristics. Using a model of vertical differentiation, the effects on equilibrium and welfare levels are calculated. The introduction of the regulation and the emergence of two differentiated competitive markets leaves consumers and high-quality producers better off, while low-quality producers are worse off. With high costs and low quality differences, the total welfare impact of the regulation can be negative. Findings show that when high-quality producers can exercise market power, the regulation could be more easily accepted by producers, but it would have a negative effect on consumers.
Tipo: Journal Article Palavras-chave: Asymmetric information; Food markets; Labeling; Market power; Vertical differentiation; Welfare effects; Agricultural and Food Policy.
Ano: 2004 URL: http://purl.umn.edu/31143
Registros recuperados: 6
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