Arbeitspapier
Trade and Imperfect Competition in General Equilibrium
This paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish firms and labor is used for production. We show that two different types of equilibria may exist, one with factor price equalization and one with different factor prices. When factor prices are equalized, trade improves welfare under relatively mild conditions. However, if factor prices differ, these conditions are not sufficient for mutual gains from trade.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 3543
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
General Equilibrium and Disequilibrium: General
- Thema
-
imperfect competition
international trade
general equilibrium
Unvollkommener Wettbewerb
Außenwirtschaftstheorie
Allgemeines Gleichgewicht
Faktorpreisausgleich
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Koska, Onur A.
Stähler, Frank
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Koska, Onur A.
- Stähler, Frank
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2011
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