메뉴 건너뛰기




Volumn 97, Issue 1, 2015, Pages 239-259

On the economics of labels: How their introduction affects the functioning of markets and the welfare of all participants

Author keywords

Asymmetric information; Certification; Credence goods; Labeling; Market power; Political economy; Regulation; Vertical product differentiation; Welfare

Indexed keywords

AGRICULTURAL ECONOMICS; AGRICULTURAL MARKET; CERTIFICATION; ECONOMIC THEORY; POLITICAL ECONOMY; REGULATORY FRAMEWORK; WELFARE IMPACT;

EID: 84984677501     PISSN: 00029092     EISSN: 14678276     Source Type: Journal    
DOI: 10.1093/ajae/aau088     Document Type: Article
Times cited : (144)

References (47)
  • 1
    • 80054761059 scopus 로고    scopus 로고
    • Standards vs. Labels with imperfect competition and asymmetric information
    • Baltzer, K. 2011. Standards vs. Labels with Imperfect Competition and Asymmetric Information. Economics Letters 114 (1): 61-63.
    • (2011) Economics Letters , vol.114 , Issue.1 , pp. 61-63
    • Baltzer, K.1
  • 2
    • 81055140492 scopus 로고    scopus 로고
    • Credence attributes,voluntary organizations, and social pressure
    • Baron, D.P. 2011. Credence Attributes,Voluntary Organizations, and Social Pressure. Journal of Public Economics 95 (11&12): 1331-8.
    • (2011) Journal of Public Economics , vol.95 , Issue.11-12 , pp. 1331-1338
    • Baron, D.P.1
  • 3
    • 34249727414 scopus 로고    scopus 로고
    • Credence goods, efficient labelling policies and regulatory enforcement
    • Baksi, S., and P. Bose. 2007. Credence Goods, Efficient Labelling Policies and Regulatory Enforcement. Environmental and Resource Economics 37 (2): 411-30.
    • (2007) Environmental and Resource Economics , vol.37 , Issue.2 , pp. 411-430
    • Baksi, S.1    Bose, P.2
  • 4
    • 43349086315 scopus 로고    scopus 로고
    • On the use of labels in credence goods markets
    • Bonroy, O., and C. Constantatos. 2008. On the Use of Labels in Credence Goods Markets. Journal of Regulatory Economics 33 (3): 237-52.
    • (2008) Journal of Regulatory Economics , vol.33 , Issue.3 , pp. 237-252
    • Bonroy, O.1    Constantatos, C.2
  • 5
    • 84858294248 scopus 로고    scopus 로고
    • Downstream labeling and upstream price competition
    • Bonroy, O., and S. Lemarié. 2012. Downstream Labeling and Upstream Price Competition. European Economic Review 56 (3): 347-360.
    • (2012) European Economic Review , vol.56 , Issue.3 , pp. 347-360
    • Bonroy, O.1    Lemarié, S.2
  • 7
    • 60449102273 scopus 로고    scopus 로고
    • Public, private and nonprofit regulation for environmental quality
    • Bottega, L., and J. De Freitas. 2009. Public, Private and Nonprofit Regulation for Environmental Quality. Journal of Economics and Management Strategy 18 (1): 105-23.
    • (2009) Journal of Economics and Management Strategy , vol.18 , Issue.1 , pp. 105-123
    • Bottega, L.1    De Freitas, J.2
  • 8
    • 84904102743 scopus 로고    scopus 로고
    • Consumer confusion over the profusion of eco-labels: Lessons from a double differentiation model
    • Brécard, D. 2014. Consumer Confusion over the Profusion of Eco-labels: Lessons from a Double Differentiation Model. Resource Energy Economics 37: 64-84.
    • (2014) Resource Energy Economics , vol.37 , pp. 64-84
    • Brécard, D.1
  • 9
    • 2942715131 scopus 로고    scopus 로고
    • Mandatory labeling of genetically modified foods: Does it really provide consumer choice?
    • Carter, C.A., and G.P. Gruère. 2003. Mandatory Labeling of Genetically Modified Foods: Does it Really Provide Consumer Choice? AgBioForum 6 (1&2): 68-70.
    • (2003) AgBioForum , vol.6 , Issue.1-2 , pp. 68-70
    • Carter, C.A.1    Gruère, G.P.2
  • 10
    • 84927769031 scopus 로고    scopus 로고
    • Private versus third party versus government labeling
    • ed. J.L. Lusk, J. Roosen, and J.E. Shogren, Oxford University Press
    • Caswell, J., and S. Anders. 2011. Private versus Third Party versus Government Labeling. In The Oxford Handbook of the Economics of Food Consumption and Policy, ed. J.L. Lusk, J. Roosen, and J.E. Shogren, 472-498. Oxford University Press.
    • (2011) The Oxford Handbook of the Economics of Food Consumption and Policy , pp. 472-498
    • Caswell, J.1    Anders, S.2
  • 11
    • 3242862220 scopus 로고    scopus 로고
    • Using informational labeling to influence the market for quality in food products
    • Caswell, J., and M. Mojduszka. 1996. Using Informational Labeling to Influence the Market for Quality in Food Products. American Journal of Agricultural Economics 78 (5): 131-43.
    • (1996) American Journal of Agricultural Economics , vol.78 , Issue.5 , pp. 131-143
    • Caswell, J.1    Mojduszka, M.2
  • 14
    • 69249228653 scopus 로고    scopus 로고
    • Eco-labelling economics: Is public involvement necessary?
    • ed. S. Krarup, and C.S. Russell, Cheltenham: Edward Elgar
    • -. 2005. Eco-labelling Economics: Is Public Involvement Necessary? In Environment, Information and Consumer Behaviour, ed. S. Krarup, and C.S. Russell, 93-110. Cheltenham: Edward Elgar.
    • (2005) Environment, Information and Consumer Behaviour , pp. 93-110
    • Crespi, J.M.1    Marette, S.2
  • 15
    • 0002829174 scopus 로고
    • Free competition and the optimal amount of fraud
    • Darby, M., and E. Karni. 1973. Free Competition and the Optimal Amount of Fraud. Journal of Law and Economics 16 (1): 67-88.
    • (1973) Journal of Law and Economics , vol.16 , Issue.1 , pp. 67-88
    • Darby, M.1    Karni, E.2
  • 16
    • 67049136375 scopus 로고    scopus 로고
    • Who pays the costs of non-gmo segregation and identity preservation?
    • Desquilbet, M., and D.S. Bullock. 2009. Who Pays the Costs of Non-GMO Segregation and Identity Preservation? American Journal of Agricultural Economics 91 (3): 656-72.
    • (2009) American Journal of Agricultural Economics , vol.91 , Issue.3 , pp. 656-672
    • Desquilbet, M.1    Bullock, D.S.2
  • 19
    • 1342288810 scopus 로고    scopus 로고
    • Inserting gm products into the food chain: The market and welfare effects of different labeling and regulatory regimes
    • Fulton, M., and K. Giannakas. 2004. Inserting GM products into the Food Chain: The Market and Welfare Effects of Different Labeling and Regulatory Regimes. American Journal of Agricultural Economics 86 (1): 42-60.
    • (2004) American Journal of Agricultural Economics , vol.86 , Issue.1 , pp. 42-60
    • Fulton, M.1    Giannakas, K.2
  • 20
    • 84988073732 scopus 로고
    • Price competition when consumers are uncertain about which firm sells which quality
    • Gabszewicz, J., and I. Grilo. 1992. Price Competition when Consumers are Uncertain about which Firm Sells which Quality. Journal of Economics and Management Strategy 1 (4): 629-49.
    • (1992) Journal of Economics and Management Strategy , vol.1 , Issue.4 , pp. 629-649
    • Gabszewicz, J.1    Grilo, I.2
  • 21
    • 49249146395 scopus 로고
    • Price competition, quality and income disparities
    • Gabszewicz, J., and J. Thisse. 1979. Price Competition, Quality and Income Disparities. Journal of Economics Theory 20 (3): 340-59.
    • (1979) Journal of Economics Theory , vol.20 , Issue.3 , pp. 340-359
    • Gabszewicz, J.1    Thisse, J.2
  • 22
    • 0036521228 scopus 로고    scopus 로고
    • Information asymmetries and consumption decisions in organic food product markets
    • Giannakas, K. 2002. Information Asymmetries and Consumption Decisions in Organic Food Product Markets. Canadian Journal of Agricultural Economics 50 (1): 35-50.
    • (2002) Canadian Journal of Agricultural Economics , vol.50 , Issue.1 , pp. 35-50
    • Giannakas, K.1
  • 26
    • 4143103735 scopus 로고    scopus 로고
    • Private vs. Public regulation: Political economy of the international environment
    • Heyes, A.G., and J.W. Maxwell. 2004. Private vs. Public Regulation: Political Economy of the International Environment. Journal of Environmental Economics and Management 48 (2): 978-96.
    • (2004) Journal of Environmental Economics and Management , vol.48 , Issue.2 , pp. 978-996
    • Heyes, A.G.1    Maxwell, J.W.2
  • 28
    • 84893670429 scopus 로고    scopus 로고
    • Can information costs confuse consumer choice? Nutritional labels in a supermarket experiment
    • Kiesel, K., and S.B. Villas-Boas. 2013. Can Information Costs Confuse Consumer Choice? Nutritional Labels in a Supermarket Experiment. International Journal of Industrial Organization 31 (2): 153-63.
    • (2013) International Journal of Industrial Organization , vol.31 , Issue.2 , pp. 153-163
    • Kiesel, K.1    Villas-Boas, S.B.2
  • 30
    • 3242664195 scopus 로고    scopus 로고
    • Innovation and trade with endogenous market failure: The case of genetically modified products
    • Lapan, H., and G. Moschini. 2004. Innovation and Trade with Endogenous Market Failure: The Case of Genetically Modified Products. American Journal of Agricultural Economics 86 (3): 634-48.
    • (2004) American Journal of Agricultural Economics , vol.86 , Issue.3 , pp. 634-648
    • Lapan, H.1    Moschini, G.2
  • 31
    • 34547405754 scopus 로고    scopus 로고
    • Grading, minimum quality standards, and the labeling of genetically modified products
    • -. 2007. Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products. American Journal of Agricultural Economics 89 (3): 769-83.
    • (2007) American Journal of Agricultural Economics , vol.89 , Issue.3 , pp. 769-783
    • Lapan, H.1    Moschini, G.2
  • 33
    • 84984682291 scopus 로고    scopus 로고
    • Bans and labels with controversial food technologies
    • ed. J.L. Lusk, J. Roosen, and J.E. Shogren, Oxford University Press
    • Marette, S., and J. Roosen. 2011. Bans and Labels with Controversial Food Technologies. In The Oxford Handbook of the Economics of Food Consumption and Policy, ed. J.L. Lusk, J. Roosen, and J.E. Shogren, 499-519. Oxford University Press.
    • (2011) The Oxford Handbook of the Economics of Food Consumption and Policy , pp. 499-519
    • Marette, S.1    Roosen, J.2
  • 34
    • 84980256218 scopus 로고
    • Eco-labelling: Policy considerations
    • Mattoo, A., and A. Singh. 1994. Eco-labelling: Policy considerations. Kyklos 47 (1): 53-65.
    • (1994) Kyklos , vol.47 , Issue.1 , pp. 53-65
    • Mattoo, A.1    Singh, A.2
  • 35
    • 84864723606 scopus 로고    scopus 로고
    • Will geographical indications supply excessive quality?
    • Mérel, P., and R.J. Sexton. 2012. Will Geographical Indications Supply Excessive Quality? European Review of Agricultural Economics 39 (4): 567-87.
    • (2012) European Review of Agricultural Economics , vol.39 , Issue.4 , pp. 567-587
    • Mérel, P.1    Sexton, R.J.2
  • 36
    • 45449088351 scopus 로고    scopus 로고
    • Geographical indications and the competitive provision of quality in agricultural market
    • Moschini, G., L. Menapace, and D. Pick. 2008. Geographical Indications and the Competitive Provision of Quality in Agricultural Market. American Journal of Agricultural Economics 90 (3): 794-812.
    • (2008) American Journal of Agricultural Economics , vol.90 , Issue.3 , pp. 794-812
    • Moschini, G.1    Menapace, L.2    Pick, D.3
  • 38
    • 49349126835 scopus 로고
    • Monopoly and product quality
    • Mussa, M., and S. Rosen. 1978. Monopoly and Product Quality. Journal of Economic Theory 18 (2): 301-17.
    • (1978) Journal of Economic Theory , vol.18 , Issue.2 , pp. 301-317
    • Mussa, M.1    Rosen, S.2
  • 39
    • 34848833522 scopus 로고    scopus 로고
    • Credence good labeling: The efficiency and distributional implications of several policy approaches
    • Roe, B.E., and I. Sheldon. 2007. Credence Good Labeling: The Efficiency and Distributional Implications of Several Policy Approaches. American Journal of Agricultural Economics 89 (4): 1020-33.
    • (2007) American Journal of Agricultural Economics , vol.89 , Issue.4 , pp. 1020-1033
    • Roe, B.E.1    Sheldon, I.2
  • 41
    • 84910319124 scopus 로고
    • Relaxing price competition through product differentiation
    • Shaked, A., and J. Sutton. 1982. Relaxing Price Competition through Product Differentiation. Review of Economic Studies 49 (1): 3-13.
    • (1982) Review of Economic Studies , vol.49 , Issue.1 , pp. 3-13
    • Shaked, A.1    Sutton, J.2
  • 42
    • 84873321089 scopus 로고
    • Monopoly, quality, and regulation
    • Spence, A.M. 1975. Monopoly, Quality, and Regulation. Bell Journal of Economics 6 (2): 417-29.
    • (1975) Bell Journal of Economics , vol.6 , Issue.2 , pp. 417-429
    • Spence, A.M.1
  • 43
    • 0037615754 scopus 로고    scopus 로고
    • The economics of labeling: An overview of issues for health and environmental disclosure
    • Teisl, M.F., and B.E. Roe. 1998. The Economics of Labeling: An Overview of Issues for Health and Environmental Disclosure. Agricultural and Resource Economics Review 27 (2): 140-50.
    • (1998) Agricultural and Resource Economics Review , vol.27 , Issue.2 , pp. 140-150
    • Teisl, M.F.1    Roe, B.E.2
  • 44
    • 40249099741 scopus 로고    scopus 로고
    • Evaluating the factors that impact the effectiveness of eco-labelling programs
    • ed. S. Krarup, and C.S. Russell, Cheltenham: Edward Elgar
    • -. 2005. Evaluating the Factors that Impact the Effectiveness of Eco-labelling Programs. In Environment, Information and Consumer Behaviour, ed. S. Krarup, and C.S. Russell, 65-90. Cheltenham: Edward Elgar.
    • (2005) Environment, Information and Consumer Behaviour , pp. 65-90
    • Teisl, M.F.1    Roe, B.E.2
  • 46
    • 2942614691 scopus 로고    scopus 로고
    • Labeling policies in food markets: Private incentives, public intervention, and welfare effects
    • Zago, A.M., and D. Pick. 2004. Labeling Policies in Food Markets: Private Incentives, Public Intervention, and Welfare Effects. Journal of Agricultural and Resource Economics 29 (1): 150-65.
    • (2004) Journal of Agricultural and Resource Economics , vol.29 , Issue.1 , pp. 150-165
    • Zago, A.M.1    Pick, D.2
  • 47
    • 84908305231 scopus 로고    scopus 로고
    • Lessons from the California gm labeling proposition on the state of crop biotechnology
    • ed. S.J. Smyth, P.W.B. Phillips, and D. Castle, Chapter 34. Cheltenham: Edward Elgar
    • Zilberman, D., S. Kaplan, E. Kim, and G. Waterfield. 2014. Lessons from the California GM Labeling Proposition on the State of Crop Biotechnology. In Handbook on Agriculture, Biotechnology, and Development, ed. S.J. Smyth, P.W.B. Phillips, and D. Castle, Chapter 34. Cheltenham: Edward Elgar.
    • (2014) Handbook on Agriculture, Biotechnology, and Development
    • Zilberman, D.1    Kaplan, S.2    Kim, E.3    Waterfield, G.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.