Efficient Imperfect Competition with an Application to International Trade
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https://www.nber.org/papers/w33253
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资源简介:
I study the equilibrium and the welfare effects of international trade when product markets are imperfectly competitive due of search frictionsas in Burdett and Judd (1983)rather than product differentiationas in Dixit and Stiglitz (1977). Markups are positive, even though there are multiple firms
提供机构:
美国国家经济研究局
创建时间:
2024-12-01



