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Markups and the number of firms in a simple model of imperfect competition

Chang, Cheng-wei; Lai, Ching-chong - In: Economics letters 116 (2012) 3, pp. 277-280

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Fiscal stimulus in a simple macroeconomic model of monopolistic competition with firm heterogeneity

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Optimal fiscal policies and market structures with monopolistic competition

Chang, Cheng-wei; Lai, Ching-chong - In: International tax and public finance 28 (2021) 6, pp. 1385-1411

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Markups and the number of firms in a simple model of imperfect competition

Chang, Cheng-wei; Lai, Ching-chong - In: Economics Letters 116 (2012) 3, pp. 277-280

Two counter-intuitive results regarding the number of firms emerge from the existing monopolistic competition literature. First, the number of firms is positively related to the extent of the monopoly power. Second, when the goods market is perfectly competitive, the number of firms is reduced...

Persistent link: https://www.econbiz.de/10010594077

Markups and the number of firms in a simple model of imperfect competition

Chang, Cheng-wei; Lai, Ching-chong - In: Economics letters 116 (2012) 3, pp. 277-281

Persistent link: https://www.econbiz.de/10010000135