Vertical product differentiation, minimum quality standards, and international trade
نویسندگان
چکیده
منابع مشابه
International Coordination of Quality Standards and Vertical Product Differentiation
I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are Full Harmonization, National Treatment and Mutual Recognition. Under either alternative, standards can...
متن کاملProduct Quality, Firm Heterogeneity and International Trade∗
I explore variation in price and export status in industries where I can estimate product quality and technical efficiency separately. The empirical results show that prices are increasing in quality and decreasing in efficiency and that selection into exporting is driven mainly by quality. Firms export because they generate more demand for their products, not because they can produce at lower ...
متن کاملFebruary 2008 International Trade , Minimum Quality Standards and the Prisoners ’ Dilemma Dimitra Petropoulou
Unilateral minimum quality standards are endogenously determined as the outcome of a noncooperative standard-setting game between the governments of two countries. Cross-country externalities from the implementation of minimum quality standards are shown to give rise to a Prisoners’ Dilemma structure in the incentives of policy-makers leading to inefficient policy outcomes. The role of minimum ...
متن کاملEconomic Integration and Quality Standards in a Duopoly Model with Horizontal and Vertical Product Differentiation
This paper examines the effects of trade barriers on quality levels in a duopoly model for two countries with one producer in each country. The products are both vertically and horizontally differentiated. In absence of quality regulation, the two producers determine prices and quality levels in a two stage game. The firms choose the quality level in the first game, and their prices in the seco...
متن کاملCodex Alimentarius: food quality and safety standards for international trade.
Since 1962, the Codex Alimentarius Commission (CAC) of the Food and Agriculture Organisation/World Health Organisation has been responsible for developing standards, guidelines and other recommendations on the quality and safety of food to protect the health of consumers and to ensure fair practices in food trade. The mission of the CAC remains relevant, but a number of factors have shown the n...
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ژورنال
عنوان ژورنال: Oxford Economic Papers
سال: 2012
ISSN: 0030-7653,1464-3812
DOI: 10.1093/oep/gps023