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This paper investigates the effects of competing communication networks on trade patterns in a Chamberlinian-Ricardian model of monopolistically competitive firms with a continuum of industries that require communication services in production. We conclude that intraindustry trade between...
Persistent link: https://www.econbiz.de/10009391431
We present two different scenarios of expanding the communication networks (through which the intermediate business services are traded) and examine their consequences on trade patterns in goods and welfare of the countries. The first scenario is the “successive expansion” of a single...
Persistent link: https://www.econbiz.de/10009392048