• Title/Summary/Keyword: Gang-Seo wholesale market

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A Comparison Analysis of the Prices from the Auction and Consignment Systems in the Gang-Seo Wholesale Market (강서도매시장의 상장경매제와 시장도매인제 가격 비교분석)

  • Yoon, Chang-Sik;Yang, Seung-Ryong
    • Journal of Distribution Research
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    • v.14 no.1
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    • pp.67-86
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    • 2009
  • The Gang-Seo wholesale market is an experimental system in that two different distribution channels co-exist in the same marketplace; the auction system and the consignment system. The government expects the consignment system offers higher and more stable prices to farmers than the auction system. This study tested if that is the case, but the results did not support the hypotheses. The consignment system needs institutional complements and more transparent operations before wide-spreading.

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