G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6735
DP6735 Norms and Institution Formation
Patrick Francois
发表日期2008-03-07
出版年2008
语种英语
摘要This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the upstream conditions mainly affect the distribution of profits. We compare the welfare effects of upstream versus downstream deregulation policies and show that the impact of deregulation may be overvalued when ignoring feedback effects from the other market. Furthermore, we analyze how different forms of vertical restraints influence the endogenous market structure and show when they are welfare enhancing.
主题Industrial Organization
关键词Deregulation Free entry Price competition Product differentiation Successive oligopolies Two-part tariffs Vertical restraints
URLhttps://cepr.org/publications/dp6735
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/535573
推荐引用方式
GB/T 7714
Patrick Francois. DP6735 Norms and Institution Formation. 2008.
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