Collusive Market Structure Under Learning-By-Doing and Increasing Returns

1991 ◽  
Vol 58 (5) ◽  
pp. 993 ◽  
Author(s):  
Dilip Mookherjee ◽  
Debraj Ray

1988 ◽  
Vol 40 (2) ◽  
pp. 246-268 ◽  
Author(s):  
PARTHA DASGUPTA ◽  
JOSEPH STIGLITZ


1986 ◽  
Vol 96 (381) ◽  
pp. 243 ◽  
Author(s):  
John Cantwell ◽  
Elhanan Helpman ◽  
Paul R. Krugman






2001 ◽  
Vol 10 (4) ◽  
pp. 325-337
Author(s):  
Nicola De Liso ◽  
Carmine Lubritto ◽  
Giovanni Filatrella


2011 ◽  
Vol 59 (2) ◽  
pp. 177-198 ◽  
Author(s):  
NATARAJAN BALASUBRAMANIAN ◽  
MARVIN B. LIEBERMAN


Author(s):  
Koushik Das

The purpose of the present chapter is to analyse general equilibrium effects of different trade liberalization policies for India under imperfectly competitive market structure. Since present day world trade is much akin towards the increasing returns to scale and market structure oriented industry behaviour, we have considered monopolistically competitive market structure for our analysis. Computable General Equilibrium (CGE) modelling has been applied as it seems to be relevant methodology for policy simulation. Consumer's love for variety and increasing returns to scale present in the sectors involving large fixed costs, are strong determinants of consumer's as well as producer's business confidence. Our study reveals that increased welfare gain due to trade and openness is not much larger as compared to standard perfect competition scenario as the scale economy benefit is predominant only in few sectors like capital goods industries and not prominently visible in large agricultural and informal manufacturing sectors.



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