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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11642 |
DP11642 Distorted monopolistic competition | |
Kristian Behrens; Giordano Mion; Jens Südekum; Yasusada Murata | |
发表日期 | 2016-11-16 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We characterize the equilibrium and optimal resource allocations in a general equilibrium model of monopolistic competition with multiple asymmetric sectors and heterogeneous firms. We first derive general results for additively separable preferences and general productivity distributions, and then analyze specific examples that allow for closed-form solutions and a simple quantification procedure. Using data for France and the United Kingdom, we find that the aggregate welfare distortion — due to inefficient labor allocation and firm entry between sectors and inefficient selection and output within sectors — is equivalent to the contribution of 6–8% of the total labor input. |
主题 | International Trade and Regional Economics |
关键词 | Monopolistic competition Welfare distortion Intersectoral distortions Intrasectoral distortions |
URL | https://cepr.org/publications/dp11642 |
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/540456 |
推荐引用方式 GB/T 7714 | Kristian Behrens,Giordano Mion,Jens Südekum,et al. DP11642 Distorted monopolistic competition. 2016. |
条目包含的文件 | 条目无相关文件。 |
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