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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5960 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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