Middlemen margins and globalization

Material type: 文書・図像類

Author: Bardhan, Pranabほか

Publisher: Keio Economic Society, Keio University

Publication date: 2010

Material Format: Digital

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Note (General)：: type:textWe develop a theory of trading middlemen or entrepreneurs who perform financing, quality supervision and marketing roles for goods produced b...

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Digital

Material Type: 文書・図像類
Title: Middlemen margins and globalization
Author/Editor: Bardhan, Pranab
Mookherjee, Dilip
津曲, 正俊
Author Heading: Bardhan, Pranab
Mookherjee, Dilip
津曲, 正俊
Publication, Distribution, etc.: Keio Economic Society, Keio University
Publication Date: 2010
Publication Date (W3CDTF): 2010
Periodical title: Keio Economic Society discussion paper series
No. or year of volume/issue: 10 4
Volume: 10
Issue: 4
Text Language Code: eng
Subject Heading: middlemen,reputation,inequality,trade liberalization,North-South trade,JEL Classification Nos,D33,F12,F13,F21
Target Audience: 一般
Note (General): type:text
We develop a theory of trading middlemen or entrepreneurs who perform financing, quality supervision and marketing roles for goods produced by suppliers or workers. Brand-name reputations are necessary to overcome product quality moral hazard problems; middlemen margins represent reputational incentive rents. We develop a two sector North-South model of competitive equilibrium, with endogenous sorting of agents with heterogenous entrepreneurial abilities into sectors and occupations. The South has a comparative advantage in the more labor intensive good which is subject to a greater moral hazard problem. Trade liberalization raises inequality between Southern export sector suppliers and middlemen. Northern middlemen have incentives to offshore production to the South. The distributive effects of such offshoring tend to be the opposite of trade liberalization.
Source: https://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php?koara_id=AA10715850-00001004-0001
https://koara.lib.keio.ac.jp/xoonips/modules/xoonips/download.php?koara_id=AA10715850-00001004-0001
Access Restrictions: 限定公開
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 慶應義塾大学 : 慶應義塾大学学術情報リポジトリ