The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model
The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model
复制标题
自由进入在寡头赫克歇尔-俄林模型中的作用
DOI：
10.2307/2527363
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发表时间：
1995
影响因子：
1.5
通讯作者：
Yoshiyasu Ono
中科院分区：
文献类型：
--
作者：
S. Lahiri;Yoshiyasu Ono
在保留赫克歇尔-俄林贸易模型的基本属性，即自由进入和退出、完全一体化的国际商品市场以及与要素数量相同的部门数量的情况下，作者开发了古诺寡头垄断的两国模型。在这种经济中，要素价格均等化和关于比较优势的标准赫克歇尔-俄林定理成立。然而，在除面积之外相同的两个国家之间，尽管自由贸易体制下的贸易水平为零，但自给自足的价格却有所不同。然而，自由贸易降低了寡头垄断价格并增加了福利。版权所有 1995 宾夕法尼亚大学经济系和大阪大学社会经济研究所。
Retaining the basic properties of the Heckscher-Ohlin trade model, namely, free entry and exit, fully integrated international commodity markets, and the same number of sectors with that of factors, the authors develop a two-country model with Cournot oligopoly. In this economy, factor price equalization and the standard Heckscher-Ohlin theorem on comparative advantage hold. Between two countries which are identical except for size, however, autarkic prices are different even though the level of trade is zero under the free-trade regime. Nevertheless, free trade reduces the oligopoly price and increases welfare. Copyright 1995 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.