| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14383 |
| 来源ID | Working Paper 14383 |
| Monopoly Power and Endogenous Product Variety: Distortions and Remedies | |
| Florin O. Bilbiie; Fabio Ghironi; Marc J. Melitz | |
| 发表日期 | 2008-10-02 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | The inefficiencies related to endogenous product creation and variety under monopolistic competition are two-fold: one static—the misalignment between consumers and producers regarding the value of a new variety; and one dynamic—time variation in markups. Quantitatively, the welfare costs of the former are potentially very large relative to the latter. For a calibrated version of our model with these distortions, their total cost amounts to 2 percent of consumption. Appropriate taxation schemes can implement the optimum amount of entry and variety. Elastic labor introduces a further distortion that should be corrected by subsidizing labor at a rate equal to the markup for goods, in order to preserve profit margins and hence entry incentives. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Public Economics ; Taxation ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w14383 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572058 |
| 推荐引用方式 GB/T 7714 | Florin O. Bilbiie,Fabio Ghironi,Marc J. Melitz. Monopoly Power and Endogenous Product Variety: Distortions and Remedies. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14383.pdf（398KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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