Asymmetric Information and Middleman Margins: An Experiment with Indian Potato Farmers

被引：54

作者：

Mitra, Sandip ^{[1
]}

Mookherjee, Dilip ^{[2
]}

Torero, Maximo ^{[3
]}

Visaria, Sujata ^{[4
]}

机构：

[1] Indian Stat Inst, Kolkata, India

[2] Boston Univ, Boston, MA 02215 USA

[3] World Bank, Boston, MA USA

[4] Hong Kong Univ Sci & Technol, Hong Kong, Peoples R China

来源：

REVIEW OF ECONOMICS AND STATISTICS | 2018年 / 100卷 / 01期

关键词：

AGRICULTURAL MARKETS; PERFORMANCE; IMPACT;

D O I：

10.1162/REST_a_00699

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

West Bengal potato farmers cannot directly access wholesale markets and do not knowwholesale prices. Local middlemen earn large margins; pass-through from wholesale to farmgate prices is negligible. When we informed farmers in randomly chosen villages about wholesale prices, average farmgate sales and prices were unaffected, but pass-through to farmgate prices increased. These results can be explained by a model where farmers bargain ex post with village middlemen, with the outside option of selling to middlemen outside the village. They are inconsistent with standard oligopolistic models of pass-through, search frictions, or risk-sharing contracts.

引用

页码：1 / 13

页数：13

共 29 条

[21] The Value of Relationships: Evidence from a Supply Shock to Kenyan Rose Exports [J].

Macchiavello, Rocco ;

Morjaria, Ameet .

AMERICAN ECONOMIC REVIEW, 2015, 105 (09) :2911-2945

[22]

Machiavello Rocco, 2010, UNPUB

[23] Financing smallholder agriculture: An experiment with agent-intermediated microloans in India [J].

Maitra, Pushkar ;

Mitra, Sandip ;

Mookherjee, Dilip ;

Motta, Alberto ;

Visaria, Sujata .

JOURNAL OF DEVELOPMENT ECONOMICS, 2017, 127 :306-337

[24] Unfair trade? The increasing gap between world and domestic prices in commodity markets during the past 25 years [J].

Morisset, J .

WORLD BANK ECONOMIC REVIEW, 1998, 12 (03) :503-526

[25]

Nakasone Eduardo, 2014, UNPUB

[26] Impact of Third-party Contract Enforcement in Agricultural Markets-A Field Experiment in Vietnam [J].

Saenger, Christoph ;

Torero, Maximo ;

Qaim, Matin .

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 2014, 96 (04) :1220-1238

[27] BARGAINS AND RIPOFFS - MODEL OF MONOPOLISTICALLY COMPETITIVE PRICE DISPERSION [J].

SALOP, S ;

STIGLITZ, J .

REVIEW OF ECONOMIC STUDIES, 1977, 44 (03) :493-510

[28] Vertical relationships between manufacturers and retailers: Inference with limited data [J].

Villas-Boas, Sofia Berto .

REVIEW OF ECONOMIC STUDIES, 2007, 74 (02) :625-652

[29] Pass-Through as an Economic Tool: Principles of Incidence under Imperfect Competition [J].

Weyl, E. Glen ;

Fabinger, Michal .

JOURNAL OF POLITICAL ECONOMY, 2013, 121 (03) :528-583

← 1 2 3 →