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- Title
Geographical Indications and the Competitive Provision of Quality in Agricultural Markets.
- Authors
Moschini, GianCarlo; Menapace, Luisa; Pick, Daniel
- Abstract
The economics of geographical indications (GIs) is assessed within a vertical product differentiation framework that is consistent with the competitive structure of agriculture. 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 and lead to clear welfare gains, although they fall short of delivering the (constrained) first best. The main beneficiaries are consumers. Producers may also accrue some benefit if production of the high-quality products draws on scarce factors that they own.
- Subjects
UNITED States; AGRICULTURAL marketing; AGRICULTURAL economics; RURAL marketing; NEW product development; PRODUCT differentiation; CROP insurance; PRODUCT quality; RURAL industries
- Publication
American Journal of Agricultural Economics, 2008, Vol 90, Issue 3, p794
- ISSN
0002-9092
- Publication type
Article
- DOI
10.1111/j.1467-8276.2008.01142.x