G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5960
DP5960 Hub-and-Spoke Free Trade Areas
Klaus Desmet; Giovanni Facchini; George Deltas
发表日期2006-11-26
出版年2006
语种英语
摘要The goal of this paper is to examine the role of multiproduct firms in the market provision of product diversity. The analysis is conducted within the spatial model of nonlocalized competition proposed by Chen and Riordan (2006). It turns out that the effect of multiproduct firms on product diversity depends on the size distribution of firms. Under duopoly, product diversity is lower than under monopolistic competition. Nevertheless, the number of varieties can still be socially excessive. In contrast, if a large multiproduct firm (incumbent monopolist) competes against a large number of small (single product) firms then product diversity is higher than under monopolistic competition. Moreover, the incumbent firm is unable to monopolize the market and deter entry.
主题Industrial Organization
关键词Product diversity Multiproduct firms Monopolistic competition Spatial models
URLhttps://cepr.org/publications/dp5960
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/534798
推荐引用方式
GB/T 7714
Klaus Desmet,Giovanni Facchini,George Deltas. DP5960 Hub-and-Spoke Free Trade Areas. 2006.
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