Measuring the gains from trade under monopolistic competition
نویسندگان
چکیده
منابع مشابه
Gains from trade and efficiency under monopolistic competition: a variable elasticity case
We present a general equilibrium model of monopolistic competition with variable demand elasticities and investigate the impact of free trade on welfare and efficiency. First, contrary to the constant elasticity case, in which all gains from trade are due to increasing product diversity, our model features gains from pro-competitive effects. Second, we show that the market outcome is not constr...
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ژورنال
عنوان ژورنال: Canadian Journal of Economics/Revue canadienne d'économique
سال: 2010
ISSN: 0008-4085
DOI: 10.1111/j.1540-5982.2009.01577.x