haku: @author Palma, A. de / yhteensä: 18
viite: 6 / 18
| Tekijä: | Anderson, S.P. Palma, A. de |
| Otsikko: | From local to global competition |
| Lehti: | European Economic Review
2000 : MAR, VOL. 44:3, p. 423-448 |
| Asiasana: | Product differentiation Monopoly Competition Economic geography Models |
| Kieli: | eng |
| Tiivistelmä: | This paper introduces a framework that has known models of oligopolistic competition with differentiated products as limit cases. This integrative approach incorporates both localized and global competition, as well as price-sensitive individual demands. It is used to explain the impact of major changes over the last 2 centuries: reductions in transport costs, increased taste for variety, population growth, and use of technologies with greater returns to scale. This paper works out the properties of an extended Chamberlinian model with applications both in Industrial Organization and Economic Geography. |
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