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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.

Suggested Citation

  • Mann, Stefan, 2008. "Analysing fair trade in economic terms," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 2034-2042, October.
  • Handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:2034-2042
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    References listed on IDEAS

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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.
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    3. P. De Pelsmacker & L. Driesen & G. Rayp, 2003. "Are fair trade labels good business ? Ethics and coffee buying intentions," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 03/165, Ghent University, Faculty of Economics and Business Administration.
    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. Morris Altman, 2006. "Opening-up the objective function: choice behavior and economic and non-economic variables—core and marginal altruism," Economics Bulletin, AccessEcon, vol. 4(33), pages 1-7.
    6. Mann, Stefan, 2003. "Why organic food in Germany is a merit good," Food Policy, Elsevier, vol. 28(5-6), pages 459-469.
    7. Elliott, David, 1999. "Prospects for renewable energy and green energy markets in the UK," Renewable Energy, Elsevier, vol. 16(1), pages 1268-1271.
    8. Laura Raynolds, 2000. "Re-embedding global agriculture: The international organic and fair trade movements," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 17(3), pages 297-309, September.
    9. 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.
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    Cited by:

    1. Nindl, Elisabeth, 2014. "An empirical assessment of Fairtrade: A perspective for low-and middle-income countries?," Department of Economics Working Paper Series 4069, WU Vienna University of Economics and Business.
    2. Bodenheimer, Miriam, 2014. "Certifying improvement, improving certification: An analysis based on the artisanal and small-scale mining sector," Working Papers "Sustainability and Innovation" S9/2014, Fraunhofer Institute for Systems and Innovation Research (ISI).
    3. 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 and Business, Department of Economics.
    4. Elisabeth Nindl, 2014. "An empirical assessment of Fairtrade: A perspective for low- and middle-income countries?," EcoMod2014 6866, EcoMod.

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    Keywords

    Relations Moral goods Efficiency;

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