International Trade in General Oligopolistic Equilibrium

International Trade in General Oligopolistic Equilibrium
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一般寡头均衡下的国际贸易

DOI:
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发表时间:
2015
期刊:
Social Science Research Network
影响因子:
--
通讯作者:
J. Neary
J. Neary
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文献类型:
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作者:
J. Neary

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本文提出了一个新的一般均衡寡头垄断模型,并探讨了它对国际贸易的积极和规范方面的影响。假设“连续体-波拉克”偏好,该模型允许在一个连续体上进行一致的聚集,在每个连续体中,少数国内和外国公司参与古诺竞争。我展示了竞争优势如何与比较优势相互作用来决定资源配置,并专门针对连续二次偏好,探讨了该模型对贸易收益、工资和利润之间的收入分配以及两国世界中的生产和贸易模式的影响。
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming “continuum-Pollak” preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small number of home and foreign firms engage in Cournot competition. I show how competitive advantage interacts with comparative advantage to determine resource allocation, and, specializing to continuum-quadratic preferences, I explore the model’s implications for the gains from trade, for the distribution of income between wages and profits, and for production and trade patterns in a two-country world.
DOI: 10.2139/ssrn.1015617
发表时间: 2006-09
期刊: McDonough: Strategy [including Economics
影响因子: --
作者:
A. Bernard;J. Jensen;S. Redding;Peter K. Schott
通讯作者: A. Bernard;J. Jensen;S. Redding;Peter K. Schott