QUALITY, REPUTATION, AND IMPORTS

Thomas Worth

No 21567, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper develops a model of how firms determine the quality of their output in a setting of asymmetric information. In this framework, the few lowest-cost firms produce high quality output and the rest produce at low quality due to a free-rider problem. The presence of imports exacerbates this problem.

Keywords: International Relations/Trade; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 16
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21567

DOI: 10.22004/ag.econ.21567

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