G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5967
DP5967 Staying on the Dole
Jean-Robert Tyran; Paolo Vanin; Holger Strulik
发表日期2006-11-26
出版年2006
语种英语
摘要This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given sector are below a threshold level, the sector exhibits Bertrand behaviour, otherwise it exhibits Cournot behaviour. By endogenising the threshold parameter in general equilibrium, we show how exogenous shocks alter the mix of sectors between 'more' and 'less' competitive, or Bertrand and Cournot. The model also has implications for the effects of trade liberalisation and technological change on the relative wages of skilled and unskilled workers.
主题International Trade and Regional Economics
关键词Bertrand and cournot competition Gole (general oligoplistic equilibrium) Kreps-scheinkman market integration
URLhttps://cepr.org/publications/dp5967
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/534803
推荐引用方式
GB/T 7714
Jean-Robert Tyran,Paolo Vanin,Holger Strulik. DP5967 Staying on the Dole. 2006.
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