| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10748 |
| DP10748 Economic distributions and primitive distributions in monopolistic competition | |
| Simon Anderson; André de Palma | |
| 发表日期 | 2015-08-02 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We link fundamental technological and taste distributions to endogenous economic distributions of firm size (output, profit) and prices in extensions of canonical IO and Trade models. We develop a continuous logit model of monopolistic competition to show that exponential or normal distributions respectively generate Pareto or log-normal economic size distributions. Two groups of distributions (output, profit, and quality-cost; and price and cost) are linked through the technological relation between cost and quality-cost. We formulate a general monopolistic competition model and recover the demand structure, mark-ups, and the quality-cost distribution from the output and profit distributions. Adding the price distribution recovers the cost distribution and the relation between quality-cost and cost. We also find long-run equilibrium distributions as a function of the primitives. On the Trade side, we provide a parallel analysis for the CES and break the Pareto circle by introducing quality. |
| 主题 | Industrial Organization |
| 关键词 | Primitive and economic distributions Price and profit dispersion General monopolistic competition model Pareto and log-normal distribution Logit Ces |
| URL | https://cepr.org/publications/dp10748 |
| 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/539579 |
| 推荐引用方式 GB/T 7714 | Simon Anderson,André de Palma. DP10748 Economic distributions and primitive distributions in monopolistic competition. 2015. |
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