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来源类型Working Paper
规范类型报告
DOI10.3386/w23720
来源IDWorking Paper 23720
Oligopoly in International Trade: Rise, Fall and Resurgence
Keith Head; Barbara J. Spencer
发表日期2017-08-21
出版年2017
语种英语
摘要Large firms played a central role in the “new trade” models that became a major focus of trade economists in the early 1980s. Subsequent literature for the most part kept imperfect competition but jettisoned oligopoly. Instead, as the heterogeneous firms literature burgeoned in the 2000s, monopolistic competition quickly became established as the workhorse model. The use of oligopoly in trade models has been criticized for reasons that we argue are unpersuasive. Renewed incorporation of oligopolistic firms in international trade is warranted. Quantitative investigations of welfare effects of trade policy should again address the impact of such policies on the allocation of profits across countries.
主题International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w23720
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581391
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Keith Head,Barbara J. Spencer. Oligopoly in International Trade: Rise, Fall and Resurgence. 2017.
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