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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7610 |
DP7610 Crisis? What Crisis? Currency vs. Banking in the Financial Crisis of 1931 | |
Albrecht Ritschl; Samad Sarferaz | |
发表日期 | 2009-12-20 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper discusses the place of oligopoly in international trade theory, and argues that it is unsatisfactory to ignore firms altogether, as in perfectly competitive models, or to view large firms as more productive clones of small ones, as in monopolistically competitive models. Doing either fails to account for the "granularity" in the size distribution of firms and for the dominance of large firms in exporting. The paper outlines three ways of developing more convincing models of oligopoly, which allow for free entry but do not lose sight of the grains in "granularity": heterogeneous industries, natural oligopoly, and superstar firms. |
主题 | International Trade and Regional Economics |
关键词 | Gole (general oligopolistic equilibrium) Granularity Heterogeneous firms International trade and market structure |
URL | https://cepr.org/publications/dp7610 |
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/536447 |
推荐引用方式 GB/T 7714 | Albrecht Ritschl,Samad Sarferaz. DP7610 Crisis? What Crisis? Currency vs. Banking in the Financial Crisis of 1931. 2009. |
条目包含的文件 | 条目无相关文件。 |
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