Abstract
AbstractThis study develops a novel framework of heterogeneous consumers and producers to analyze the market and welfare impacts of the “Buy Local” trend. Analytical results show that the trend's impacts depend on the size and type of the locality; that is, whether the locality is an exporter or an importer of the relevant products. For instance, while the trend benefits both consumers and producers of large localities, it leaves producers of small exporting localities unaffected. The presence of the trend in large localities affects also outside consumers and producers with the welfare impact depending on the type of locality.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of the Agricultural and Applied Economics Association
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
