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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5967 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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