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Product Quality, Income Inequality and Market Structure

Product Quality, Income Inequality and Market Sturcture

Ajitava Raychaudhuri|Tanmotee Chatterjee
경제연구소 (Hanyang Economic Research Institute)|2004.06|Journal of Economic Development|제29권 제1호|pp. 51-84

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참고문헌

주제분류경제학

초록

Abstract

This paper analyses the effects of a change in distribution of income on quality choice made by firms producing search goods. It is assumed that willingness to pay for quality of consumers is an increasing function of income. Under the assumption that distribution of income is positively skewed, which is a common characteristic of developing countries, any redistribution of income will induce firms to improve their quality levels in duopoly and monopoly markets if redistribution makes consumers equally or unequally better off. On the other hand, quality levels will deteriorate if poverty is distributed more equally among consumers.

참고문헌 (18)

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관련 논문AI추천

PRODUCT DIFERENTIATION, BUNDLING AND MARKET STRUCTUREGWANGHOONLEE한국경제학회 · The Korean Economic Review2003 · 제19권 제2호Consumer Targeting under Quality Competition in a Liberalized Vertically Differentiated MarketRajat Acharyya경제연구소 · Journal of Economic Development2005 · 제30권 제1호Trade of Vertically Differentiated Products, Quality Improvement, and Welfare김태기, 리니엠경제연구소 · Seoul Journal of Economics2020 · 제33권 제2호Sequential Quality and Price Competition in Hotelling Model김성현한국계량경제학회 · 계량경제학보2012 · 제23권 제2호Learning-Driven Product Cycles, New Product Adoption and North-South InequalityJamesGaisford, MichaelBenarroch경제연구소 · Journal of Economic Development2002 · 제27권 제1호The Role of Demand Heterogeneity in Product Innovation Strategy박경도, 손용석한국사회과학협의회 · Korean Social Science Journal2005 · 제32권 제1호

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