GLOBALIZATION AND MARKET STRUCTURE

成果类型:
Article
署名作者:
Neary, J. Peter
署名单位:
University College Dublin
刊物名称:
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN:
1542-4766
DOI:
10.1162/154247603322390928
发表日期:
2003
页码:
245-271
关键词:
摘要:
This paper reviews some puzzling economic aspects of globalization and argues that they cannot be satisfactorily addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly in general equilibrium is sketched. The model ensures theoretical consistency by assuming that firms are large in their own markets but small in the economy as a whole, and ensures tractability by assuming quadratic preferences defined over a continuum of goods. Applications considered include the effects of trade liberalization on industrial structure, on cross-border merger waves, and on the distribution of income between skilled and unskilled workers.
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