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Analysing fair trade in economic terms

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  • Mann, Stefan

Abstract

We identify the fair trade network as the generation of a market where special social, relation-related product attributes play a dominant role. The analysis shows that price-competitiveness with respect to these social product attributes would increase both efficiency and fairness of the network. In addition, it may be appropriate for governments to issue import restrictions based on social criteria similar to fair trade standards.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 37 (2008)
Issue (Month): 5 (October)
Pages: 2034-2042

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Handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:2034-2042

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Web page: http://www.elsevier.com/locate/inca/620175

Related research

Keywords: Relations Moral goods Efficiency;

References

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  1. Altman, Morris, 2005. "The economics of ethics revisited and importance of economics: A response to the critics," Journal of Economic Psychology, Elsevier, vol. 26(5), pages 774-778, October.
  2. Mann, Stefan, 2003. "Why organic food in Germany is a merit good," Food Policy, Elsevier, vol. 28(5-6), pages 459-469.
  3. Robert M. Hutchens, 1993. "Avoiding a Future of Unemployment and Low Wages: What Opportunities Are Open to Young Unskilled Workers?," Economics Working Paper Archive wp_100, Levy Economics Institute.
  4. Dennis Yanchus & Xavier de Vanssay, 2003. "The Myth of Fair Prices: A Graphical Analysis," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(3), pages 235-240, January.
  5. repec:ebl:ecbull:v:4:y:2006:i:33:p:1-7 is not listed on IDEAS
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Cited by:
  1. Elisabeth Nindl, 2014. "An empirical assessment of Fairtrade: A perspective for low- and middle-income countries?," Department of Economics Working Papers wuwp160, Vienna University of Economics, Department of Economics.

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