INTERNAL LIBERALISATION AND ENTRY IN A GENERAL EQUILIBRIUM MODEL WITH OLIGOPOLY

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概要

• 論文の詳細を見る

• In this paper the authors set out a general equilibrium model with an oligopolistic sector. Entry is found to unambiguously reduce firm and industry profits and individual firm outputs. However, the effect of entry on industry output in the oligopolistic sector depends on whether the industry is an increasing or decreasing average cost industry and on its size in relation to the rest of the economy. Finally, the welfare effects turn out to depend crucially on whether in equilibrium returns to scale are increasing or decreasing.

• 慶應義塾大学の論文

著者

• Pant Manoj

  Jawaharlal Nehru University

• Barua Alokesh

  Jawaharlal Nehru University

関連論文

• INTERNAL LIBERALISATION AND ENTRY IN A GENERAL EQUILIBRIUM MODEL WITH OLIGOPOLY
• TRADE POLICY AND WELFARE IN SEGMENTED MARKETS

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