| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11119 |
| DP11119 Not So Demanding: Demand Structure and Firm Behavior | |
| Peter Neary; Monika Mrazova | |
| 发表日期 | 2016-02-19 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We show that any well-behaved demand function can be represented by its demand manifold, a smooth curve which relates the elasticity and convexity of demand. This manifold is a sufficient statistic for many comparative statics questions; leads naturally to characterizations of new families of demand functions which nest most of those used in applied economics; and connects assumptions about demand structure with firm behavior and economic performance. In particular, we show that the demand manifold leads to new insights about industry adjustment with heterogeneous firms, and provides a quantitative framework for measuring the effects of globalization. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Heterogeneous firms Pass-through Quantifying responses to trade liberalization Super- and sub-convexity Supermodularity |
| URL | https://cepr.org/publications/dp11119 |
| 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/539937 |
| 推荐引用方式 GB/T 7714 | Peter Neary,Monika Mrazova. DP11119 Not So Demanding: Demand Structure and Firm Behavior. 2016. |
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