全球智库信息集成服务系统(G2TT): Regulating an Experience Good in Developing Countries when Consumers Cannot Identify Producers

G2TT

来源类型	Working Paper
规范类型	论文
	Regulating an Experience Good in Developing Countries when Consumers Cannot Identify Producers
	Timothy McQuade; Stephen W. Salant; Jason Winfree
发表日期	2012-09-24
出版年	2012
页码	DP 10-52-REV
语种	英语
摘要	In developing countries, consumers can buy many goods either in formal markets or in informal markets and decide where to purchase based on the product's price and anticipated quality. We assume consumers cannot assess quality prior to purchase and cannot, at reasonable cost, identify who produced the good they are considering. Many products (meats, fruits, vegetables, fish, grains) sold both in formal groceries and, less formally, on the street fit this description. We assume that producers can adjust quality at a cost and only firms in the formal sector are subject to government regulation. In the long run, producers migrate to the sector that is more profitable. Using this model, we demonstrate how regulations in the formal sector can lead to a quality gap between formal and informal sector goods. We moreover investigate how changes in regulation affect quality, price, aggregate production, and the number of firms in each sector.
主题	Development and Environment ; International
子主题	Agriculture
URL	http://www.rff.org/research/publications/regulating-experience-good-developing-countries-when-consumers-cannot-identify
来源智库	Resources for the Future (United States)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/41213
推荐引用方式 GB/T 7714	Timothy McQuade,Stephen W. Salant,Jason Winfree. Regulating an Experience Good in Developing Countries when Consumers Cannot Identify Producers. 2012.