G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1274
DP1274 Catch-up, Growth and Convergence in the OECD
Angel de la Fuente
发表日期1995-11-30
出版年1995
语种英语
摘要This paper provides a systematic analysis of the welfare effects of vertical integration by a monopolistic input supplier into a monopolistically competitive downstream industry. We give sufficient conditions on consumer preferences that lead to Pareto improving vertical integration. We demonstrate a close relationship between assumptions on preference for variety, excess entry in monopolistically competitive markets, and the welfare effects of vertical integration. Both excess entry and welfare improving vertical integration arise only if preference for variety falls as variety increases for given total output.
主题Industrial Organization
关键词Excess entry Preference for variety Vertical integration
URLhttps://cepr.org/publications/dp1274
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530414
推荐引用方式
GB/T 7714
Angel de la Fuente. DP1274 Catch-up, Growth and Convergence in the OECD. 1995.
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