imperfect competition
A theory of sharecropping: the role of price behavior and imperfect competition
... incorporates imperfect competition in the following ...that competition in the product market generates a Pareto improving subset of share contracts out of the multiple contracts obtained ...
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A Classroom Experiment on Import Tariffs and Quotas Under Perfect and Imperfect Competition
... This manuscript describes a class room experiment that can be used in intermediate macroeconomics, international trade, and international finance courses to help student think more clearly about the effects of tariffs ...
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Economies of Scale and Imperfect Competition in an Applied General Equilibrium Model of the Australian Economy
... Recently some researchers have suggested that economies of scale and imperfect competition play a major role in determining the effects of exogenous policy shocks. Thus they have emphasised the need to ...
30
Factor Price Differences in a General Equilibrium Model of Trade and Imperfect Competition
... oligopolistic competition which implies distortions both at the intensive and extensive ...ize, imperfect competition will not reverse the specialization ...
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Imperfect Competition in Financial Markets and Capital Controls: A Model and a Test
... specifically, imperfect competition in the financial sector and capital controls, on the equilibrium interest rates and current account imbalances, and (b) to explore the impact of financial openness on the ...
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Imperfect competition and market structure with asymmetric information : the Italian banking sector
... This paper contributes to two main strands of empirical work. The first is the literature on empirical models of asymmetric information, so far mainly focussed on insurance markets. We look at the less developed area of ...
126
A theory of sharecropping: the role of price behavior and imperfect competition
... incorporates imperfect competition in the rural product market, we have shown that the unique contract that is robust to this refinement results in a share ...village-level competition) that can ...
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Interaction of carbon and electricity prices under imperfect competition
... The article proceeds as follows. Section 2 focuses on the theoretical analysis. Firstly we will carry out a model which will be used in order to derive the price equilibria and the marginal pass-through rates. We will ...
37
Essays on growth: Imperfect competition, labour supply and local public goods
... What the short overview above also made clear was that the new theory of growth, for consistency reasons, must rely on market imperfections (imperfect competition and/or market incompleteness). This is ...
171
Inequality imperfect competition and their effect on fiscal policy, output and welfare
... consumption, profits and output and lead to a more efficient resource allocation. Carroll et al (2014; 2016), Japelli and Pistaferri (2014); Anderson et al (2016) also prove that inequality positively affects fiscal ...
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Asymmetric information and imperfect competition in the loan market
... There are two types of economic agents in our empirical model: firms and banks. Following Stiglitz and Weiss (1981), we assume firms seek lines of credit to finance the ongoing activities associated with a par- ticular ...
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Imperfect competition in firm to firm trade National Bank of Belgium, Working Paper No 363
... distortions, imperfect compe- tition in firm-to-firm trade, and quantify how much distortion it creates in the ...on imperfect competition in firm-to-firm trade also connects our paper to research on ...
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An introduction to imperfect competition via bilateral oligopoly
... on imperfect competition and strategic market games that are linked with our ...perfect competition and oligopoly are not assumed a priori but they are an equilibrium ...
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Imperfect competition and efficiency in lemons markets
... So, the second-best mechanism does not in general implement the first-best out- come. This result shows that Akerlof’s (1970) central message about the ineffi- ciency of lemons markets — which he developed in the context ...
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Trade bloc formation under imperfect competition
... We examine the endogenous formation of trade blocs when markets are char- acterized by imperfect competition and governments use import tari¤s and export subsidies to alter the strategic interaction between ...
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Vertical Integration and Fuel Diversity in Electricity Generation – a theoretical study in imperfect competition
... The starting point of this analysis is a strong well-established electricity sector in- corporating power plants that use either natural gas or a competing fuel, such as coal or oil. The model is short-term; and ...
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test4-Imperfect-Competition
... When firms in an oligopoly individually choose production to maximize profit, they produce quantity of output greater than the level produced by monopoly and less than the level produc[r] ...
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International trade theory under imperfect competition in product and labour markets
... industry competition over rent in a foreign market and the detrimental effect this can have on home ...industry competition over rent in a foreign market) corresponds to Bhagwati’s (1971) endogenous ...
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Revenue efficiency in higher education institutions under imperfect competition
... A number of studies have considered the evaluation of efficiency in higher education institutions. In this paper we focus on the issue of revenue efficiency, in particular ascertaining the extent to which, given output ...
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Optimal taxation with imperfect competition and increasing returns to specialization
... In this paper we depart from the seminal work of Dixit and Stiglitz (1977) and consider an endogenous number of firms or varieties. The environment considers two production sectors: inter- mediate and final goods. Firms ...
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