Q investment models, factor complementary and monopolistic competition [PDF]
The observed fact that firms invest even if capacities are not fully employed does not fit well into most standard formalizations of optimal firm behavior.
Licandro, Omar
core +1 more source
Quality Distortions in Monopolistic Competition
In this paper, we explore how heterogeneous firms decide on vertical and horizontal qualities of their products. We show that if increasing the product qualities appears to be relatively costly, more productive firms choose higher vertical quality but lower horizontal quality. We also document distortions that arise in our framework.
Kichko, Sergei +2 more
openaire +4 more sources
Imperfect competition à la Negishi also with fixed costs [PDF]
The paper studies equilibria for economies with imperfect competition and non-convex technologies. Following Negishi firms maximise profits under downward-sloping perceived demand functions. Negishi's assumptions, in particular the assumption of a single
Jacques Dreze +2 more
core
Gratuitous transfer of ownership of energy transmission infrastructure as an abuse of a dominant position. Case comment to the judgement of the Supreme Court of 16 October 2008 – Kolej Gondolowa (Ref. No. III SK 2/08) [PDF]
In the decision no. RKR - 8/99 of 24 March 1999, the President of the Office of Competition and Consumer Protection (UOKiK) did not agree with the complaint submitted by Kolej Gondolowa Jaworzyna Krynicka S.A. (KGJ).
Antoni Bolecki
doaj
Monopolistic competition [PDF]
openaire +1 more source
Optimal Choice of Product Scope for Multiproduct Firms under Monopolistic Competition [PDF]
In this paper we develop a monopolistic competition model where firms exercise their market power across multiple products. Even with CES preferences, markups are endogenous.
Robert Feenstra, Hong Ma
core
Growth and Competition in a Model of Human Capital Accumulation and Research [PDF]
The aim of this paper is to analyze the relationship between competition and growth in a model of human capital accumulation and research by disentangling the monopolistic mark-up in the intermediate goods sector and the returns to specialization in ...
Bianco, Dominique
core +2 more sources
Monopolistic Competition, International Trade and Firm Heterogeneity - a Life Cycle Perspective [PDF]
This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm’s life cycle. New product varieties of still higher quality
Kvedaras, Virmantas +2 more
core
Market power and investment in advanced economies: monopolistic and ‘segmented’ competition
Recent studies have related market power in advanced economies to stagnating business dynamism and investment. This article addresses this issue at the firm level, using both markups and market shares as measures of market power.
Agustin Pedrazzoli +2 more
doaj +1 more source
Corrective Ad Valorem and Unit Taxes: A Welfare Comparison [PDF]
The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit-Stiglitz monopolistic ...
Susanne Dröge, Philipp J. H. Schröder
core

