A reply to “Quality standards, industry structure, and welfare in a global economy”

Carl Gaigné () and Bruno Larue
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Carl Gaigné: SMART - Structures et Marché Agricoles, Ressources et Territoires - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement
Bruno Larue: ULaval - Université Laval [Québec]

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Abstract: Dao‐Zhi Zeng's comment identifies an important and potentially confusing ambiguity in Gaigné and Larue on the impact of quality regulations on welfare. In this reply, we clarify the effects of minimum quality standards on welfare under market imperfections and international trade.

Keywords: Welfare; Trade; Public standard; Product quality; Entry/Exit (search for similar items in EconPapers)
Date: 2025-07-16
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Published in American Journal of Agricultural Economics, 2025, ⟨10.1111/ajae.70001⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05513021

DOI: 10.1111/ajae.70001

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