Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/wiley/government-versus-private-quality-assurance-for-australian-food-ax14EatiPc
References (8)
-
B. Klein, K. Leffler (1981)
The Role of Market Forces in Assuring Contractual PerformanceJournal of Political Economy, 89
-
C. Shapiro (1983)
Premiums for High Quality Products as Returns to ReputationsQuarterly Journal of Economics, 98
-
Shabtai Donnenfeld, Shlomo Weber, U. Ben-Zion (1985)
Import controls under imperfect informationJournal of International Economics, 19
-
George Akerlof (1970)
The Market for “Lemons”: Quality Uncertainty and the Market MechanismQuarterly Journal of Economics, 84
-
O. Williamson (1983)
Credible Commitments: Using Hostages to Support ExchangeThe American Economic Review, 73
-
R. Falvey (1989)
Trade, Quality Reputations and Commercial PolicyInternational Economic Review, 30
-
Shabtai Donnenfeld, W. Mayer (1987)
The Quality of Export Products and Optimal Trade PolicyInternational Economic Review, 28
-
M. Darby, E. Karni (1973)
Free Competition and the Optimal Amount of FraudThe Journal of Law and Economics, 16
- Publisher
- Wiley
- Copyright
- Copyright © 1994 Wiley Subscription Services, Inc., A Wiley Company
- ISSN
- 1364-985X
- eISSN
- 1467-8489
- DOI
- 10.1111/j.1467-8489.1994.tb00720.x
- Publisher site
- See Article on Publisher Site
Abstract
Most foodstuffs have quality attributes that are difficult to determine prior to purchase. Thus quality assurance is an inherent problem in food exporting. Private quality assurance can succeed if exporters can credibly signal that they have much to lose from cessation of purchases. If exporters do not provide credible quality signals, and foreign importers judge food quality according to country of origin, honest exporters can suffer negative spillovers from others' cheating under either government or private quality assurance. For both economic and political reasons, the best choice between government and private quality assurance will differ between foods and importing countries.
Journal
The Australian Journal of Agricultural Resource Economics – Wiley
Published: Apr 1, 1994