Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Geographical Indications and the Competitive Provision of Quality in Agricultural Markets
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Autores: |
Moschini, GianCarlo
Menapace, Luisa
Pick, Daniel H.
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Data: |
2008-04-15
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Ano: |
2008
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Palavras-chave: |
Competitive industry
Free entry/exit
Geographical indications
Marshallian stability
Quality certification
Trademarks
Welfare
Public Economics
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Resumo: |
The economics of geographical indications (GIs) is assessed within a vertical product differentiation framework that is consistent with the competitive structure of the agricultural sector with free entry/exit. It is assumed that certification costs are needed for GIs to serve as (collective) credible quality certification devices, and production of high-quality product is endogenously determined. We find that GIs can support a competitive provision of quality that partly overcomes the market failure and leads to clear welfare gains, although they fall short of delivering the (constrained) first-best level of the high-quality good. The main beneficiaries of the welfare gains are consumers. Producers may also accrue some benefit if the production of high-quality products draws on scarce factors that they own.
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Tipo: |
Working or Discussion Paper
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Idioma: |
Inglês
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Identificador: |
29216
http://purl.umn.edu/6891
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Relação: |
Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper
08-WP 458
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Formato: |
39
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