Counterfeit-Product Trade
分析了正品与假冒产品的贸易，国内企业拥有商标并建立高质量声誉，外国供应商出口低质量正品和假冒品牌商品，消费者理性预期假冒存在并做出选择，评估了假冒的经济效应及边境检查与没收政策。
The authors analyze trade in both legitimate and counterfeit products. Domestic firms ow n trademarks and establish reputations for delivering high-quality pr oducts in a steady-state equilibrium. Foreign suppliers export legiti mate low-quality merchandise and counterfeits of domestic brand-name merchandise. Heterogeneous home consumers either purchase low-quality imports or brand-name products, rationally expecting some degree of counterfeiting of the latter. The authors describe the positive and normative effects of counterfeiting in comparison with a no-counterfe iting benchmark. They also provide a welfare analysis of border inspe ction policy and of policy regarding the disposition of counterfeit g oods that are confiscated at the border. Copyright 1988 by American Economic Association.