Author: Bernal Jimenez
Publisher:
ISBN:
Category :
Languages : en
Pages : 348

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Book Description

Author: Robert E. Kuenne
Publisher: New York : Wiley
ISBN:
Category : CHAMBERLIN, EDWARD,1899- . THE THEORY OF MONOPOLISTIC COMPETITION
Languages : en
Pages : 408

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Book Description

Author: David Robert DeRemer
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This chapter shows that both claims fail to hold when countries have subsidies for the marginal cost of production and subsidies for firm entry. The source of inefficiency is countries free-riding off of each other's entry subsidies. A market access rule that preserves both a trading partner's home volume and export volume can prevent opportunism in domestic policy choices. The results suggest that the rise of trade in imperfect competition was a factor in limiting the effectiveness of the 1947 GATT rules, long before other challenges for the world trading system like offshoring became predominant.

Author: Eddy Bekkers
Publisher: Rozenberg Publishers
ISBN: 905170903X
Category :
Languages : en
Pages : 144

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Book Description
The thesis is organized as follows. Chapter 2 contains a survey of the three most in‡fluential models on fi…rm heterogeneity and of the most important empirical work on firrm heterogeneity. The chapter starts with a brief review of the homogeneous productivity imperfect competition literature. Chapter 2 …finishes with a comparison of the three most in‡fluential models of fi…rm heterogeneity and the oligopoly model put forward in the thesis. Chapter 3 addresses exporting uncertainty under heterogeneous popularity. Chapter 4 contains the chapter on …firm heterogeneity under oligopoly. Chapter 5 constitutes the models on …firm heterogeneity and endogenous quality. Chapter 6 points out the within-sector specialization model. Chapter 7 addresses the effect of importer characteristics on unit values and the role of markups and quality to explain this effect. Chapter 8 concludes.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Steven Brakman
Publisher: Cambridge University Press
ISBN: 1139438468
Category : Business & Economics
Languages : en
Pages : 511

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Book Description
In 1977 Dixit and Stiglitz revolutionized the modeling of imperfectly competitive markets, launching the second monopolistic competition revolution. This 2003 text includes a comprehensive survey of both monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.

Author: Luca David Opromolla
Publisher:
ISBN:
Category : Chile
Languages : en
Pages : 156

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Author: Su Wang (Ph. D.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 152

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Book Description
This thesis consists of three essays about international trade and wage inequality. Essay I characterizes optimal trade and FDI policies in a model with monopolistic competition and firm-level heterogeneity similar to Helpman et al. (2004). I find that both the optimal import tariffs and the optimal FDI subsidies discriminate against the more profitable foreign firms. This is because of the existence of a wedge between the private incentives of exporting and FDI firms, and the incentive of the representative agent. Essay II develops an elementary theory of global supply chains. It considers a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of making mistakes at all stages specialize in later stages of production. Using this simple theoretical framework, it offers a first look at how vertical specialization shapes the interdependence of nations. Essay III proposes a model that has as ingredients heterogeneity of workers and firms, complementarity between occupations within each firm and complementarity between workers and firms/occupations. The competitive equilibrium features positive assortative matching and leads to both within- and between- firm wage variations. Comparative static results are then derived to generate new insights about changes in these components of wage inequality.

Author: David Hummels
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 27

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Book Description

Author: Sangho Kim
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 388

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Book Description