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Author: | Montet, Ch. Wanko, H. |
Title: | Quelques effets de l'integration du Marche europeen des centraux telephoniques dans un modele simple d'oligopole = Some effects of the integration of the European market of telecommunication equipments portrayed in a simple model of oligopoly |
Journal: | Revue d'Economie Industrielle
1990 : NO. 54, p. 68-81 |
Index terms: | TELEPHONE INDUSTRY TELECOMMUNICATION OLIGOPOLY HIGH TECHNOLOGY MACROECONOMIC MODELS LEARNING TRADE POLICY SIMULATION |
Language: | fre |
Abstract: | The European market of telecommunication equipment is an interesting example of an oligopoly in a high-tech sector and as such a good candidate for strategic trade policies. A simple conjectural variation model of oligopoly is presented. Some learning effects are incorporated into the model which allow different simulations of policies. These tend to confirm the expectations of a greater efficiency and corresponding lower prices as a result of the integration of the European market. Also the threats of a greater collusion of the European firms are revealed in the absence of a foreign "outsider". The exploratory nature of this study is emphasized and a few possible extensions are suggested. |
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