Counterfeit Goods and Income Inequality /

This paper examines the effect of counterfeit goods in a world where consumers are differentiated by level of income and innovation is quality enhancing. Counterfeit goods are defined as products with the same characteristics as 'originals', but of lower quality. The effect of imitation on...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Scandizzo, Stefania
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2001.
Cyfres:IMF Working Papers; Working Paper ; No. 2001/013
Mynediad Ar-lein:Full text available on IMF
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020 |z 9781451843002 
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100 1 |a Scandizzo, Stefania. 
245 1 0 |a Counterfeit Goods and Income Inequality /  |c Stefania Scandizzo. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2001. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the effect of counterfeit goods in a world where consumers are differentiated by level of income and innovation is quality enhancing. Counterfeit goods are defined as products with the same characteristics as 'originals', but of lower quality. The effect of imitation on firms' profits and consumer welfare depends on the distribution of income within the country. In particular, the greater the level of income inequality the larger the increase in consumer welfare due to the imitation, and the smaller the effect on profits of the state-of-the-art firm. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2001/013 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2001/013/001.2001.issue-013-en.xml  |z IMF e-Library