Costa, Luis Filipe Pereira da (contributor); … - 2007
of Cardiff)
ABSTRACT
We develop a dynamic general equilibrium model of imperfect competition where a sunk
cost of … in any industry.
3. The model
We use a simplified intertemporal general equilibrium model to assess the importance of …
In this paper we have developed a dynamic general equilibrium model of imperfect
competition where a sunk cost of …