Fair Trade

被引:5
作者
Richardson, Martin [1 ]
Staehler, Frank [2 ,3 ]
机构
[1] Australian Natl Univ, Coll Business & Econ, Res Sch Econ, Canberra, ACT 0200, Australia
[2] Univ Tubingen, Dept Econ, Tubingen, Germany
[3] Univ Tubingen, CESifo, Tubingen, Germany
关键词
PUBLIC-GOODS; COMPETITION; MARKETS;
D O I
10.1111/1475-4932.12136
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses a setting in which a vertically integrated fair-trade firm competes against vertically disintegrated, profit-maximising oligopolists. Consumers of the fair-trade product derive a warm glow' that depends on the wage paid to fair-trade producers; the firm returns all surplus to its farmers. Trade integration will unambiguously increase the size of the fair-trade firm, but the relative size compared to oligopolists may shrink. Furthermore, we show that the warm glow' effect may support a marginal expansion of the volume of fair trade, but for rather perverse reasons.
引用
收藏
页码:447 / 461
页数:15
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