منابع مشابه
Monopolistic Competition
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متن کاملOptimal taxation with monopolistic competition
This paper studies optimal taxation in a DixitStiglitz model of monopolistic competition. In this setting, taxes may be used as an instrument to o¤set distortions caused by producer markups. Since markups tend to be higher in industries where rms face less elastic demand, tax rates will be pushed lower in these industries. This tends to work against the familiar inverse elasticities intuition...
متن کاملMonopolistic Competition: Theory and Applications
Under what circumstances will a monopolistic competitive market be characterized by too little or too much quality variation? How do excise taxes affect the monopolistic competitive equilibrium? Can an increase in the minimum wage lead firms to employ more workers but cause a reduction in industry wide employment? What will be the multiplier effect of a balancedbudget increase in government tax...
متن کاملMonopolistic Competition: A Dual Approach
We study monopolistic competition under indirect additivity of preferences. This is dual to the Dixit-Stiglitz model, where direct additivity is assumed, with the CES case as the only common ground. Other examples include (perceived) demand functions that are exponential or linear. Our equilibrium results are generally in contrast with those received by the literature. An increase of the number...
متن کاملMonopolistic competition Equilibrium and optimality*
Since the publication of Chamberlin's book [The Theory of Monopolistic Competition (1933)], there has been sorne controversy about what is implied by adopting the Monopolistic Competition point of view [see for example Stigler (1968, p. 320) vs. Samuelson (1958)]. The first formal model of Monopolistic Competition is due to Spence (1976). He showed that if the utility function of the sole consu...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 1991
ISSN: 0167-7187
DOI: 10.1016/0167-7187(91)90022-d