Asymmetric Information and Middleman Margins: An Experiment with Indian Potato Farmers

被引:52
|
作者
Mitra, Sandip [1 ]
Mookherjee, Dilip [2 ]
Torero, Maximo [3 ]
Visaria, Sujata [4 ]
机构
[1] Indian Stat Inst, Kolkata, India
[2] Boston Univ, Boston, MA 02215 USA
[3] World Bank, Boston, MA USA
[4] Hong Kong Univ Sci & Technol, Hong Kong, Peoples R China
关键词
AGRICULTURAL MARKETS; PERFORMANCE; IMPACT;
D O I
10.1162/REST_a_00699
中图分类号
F [经济];
学科分类号
02 ;
摘要
West Bengal potato farmers cannot directly access wholesale markets and do not knowwholesale prices. Local middlemen earn large margins; pass-through from wholesale to farmgate prices is negligible. When we informed farmers in randomly chosen villages about wholesale prices, average farmgate sales and prices were unaffected, but pass-through to farmgate prices increased. These results can be explained by a model where farmers bargain ex post with village middlemen, with the outside option of selling to middlemen outside the village. They are inconsistent with standard oligopolistic models of pass-through, search frictions, or risk-sharing contracts.
引用
收藏
页码:1 / 13
页数:13
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