Fair Trade : Product Differentiation and Warm Glow Effect

Titre Fair Trade : Product Differentiation and Warm Glow Effect
Titre traduit Commerce équitable : Différenciation produit et impact positif
Lien hypertexte Site de jsie.jp
Auteur STRELCHENKO, Olga ; ABE, Kenzo
Date 2020
Pagination ou Durée d'écoute 33 p.
Notes Osaka University Graduate School of Economics (Japan), Chuo University Faculty of Economics - Travail universitaire
Résumé “Fair Trade exists if a consumer in the developed country distinguishes between the FT and non-FT goods and warm glow is sufficiently high. FT is always beneficial for its direct participants and it can also be favorable even for non-FT producers and non-FT firms. warm glow positively affects the FT producers’ wage and the welfare of the developing country, but it has no impact on the welfare of the developed country. üunder FT, the welfare of the developing country increases, and the welfare of the developed country under FT can get higher if product differentiation is sufficiently close to perfect.”

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