| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4317 |
| DP4317 Global Monetary Policy Under a Dollar Standard | |
| Michael B Devereux; Kang Shi; Juanyi Xu | |
| 发表日期 | 2004-03-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This Paper introduces a new way to measure competition based on firms' profits. Within a general model, we derive conditions under which this measure is monotone in competition, where competition can be intensified both through a fall in entry barriers and through more aggressive interaction between players. The measure is shown to be theoretically more robust than the price cost margin. This allows for an empirical test of the problems associated with the price cost margin as a measure of competition. |
| 主题 | Industrial Organization |
| 关键词 | Competition Measures of competition Price cost margin Variable profits |
| URL | https://cepr.org/publications/dp4317 |
| 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/533277 |
| 推荐引用方式 GB/T 7714 | Michael B Devereux,Kang Shi,Juanyi Xu. DP4317 Global Monetary Policy Under a Dollar Standard. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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