Oligopolistic competition, product variety and international trade.

J. Eaton, H. Kierzkowski

Research output: Contribution to journalArticlepeer-review

Abstract

Develops a model of industrial structure and product variety when technology is characterized by increasing returns to scale. Assumes that an entrant must incur a fixed cost prior to entering the market. Pricing and output decisions occur subsequently. Explores the implications of the opening of trade when one industry is characterized by this market structure. Examples of trade leading to a pareto inferior outcome are found.-from Authors

Original languageEnglish (US)
JournalUniversity of Stockholm, Institute for International Economic Studies, Seminar Paper
Volume204
StatePublished - Jan 1 1982

All Science Journal Classification (ASJC) codes

  • Environmental Science(all)
  • Earth and Planetary Sciences(all)

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