Showing 1 - 10 of 3,488
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry … unilaterally introduced carbon tax under both perfect and imperfect competition. Our key finding is that induced structural change … in favor of the less energy intensive, more labor intensive industries is more pronounced under imperfect competition …
Persistent link: https://www.econbiz.de/10010297742
, of introducing imperfect competition in a CGE model. The modifications to the standard CGE framework needed to model … imperfect competition in some industries are briefly discussed. Next, the paper discusses whether, how much and why, those … the model, under an imperfect competition closure, is compared with that obtained under a standard closure, assuming …
Persistent link: https://www.econbiz.de/10010312626
This paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish …
Persistent link: https://www.econbiz.de/10010277390
This paper attempts to model directly the folk theorem of spatial economics, according to which increasing returns to scale are essential for understanding the geographical distributions of activity. The model uses the simple structure of most New Economic Geography papers, with two identical...
Persistent link: https://www.econbiz.de/10010290690
general equilibrium. We develop a two-country and two-sector model with monopolistic competition in the goods market and wage …
Persistent link: https://www.econbiz.de/10010321760
-equilibrium model where the economy is distorted by labour taxes, monopolistic product-market competition, and union-wage bargaining. We …
Persistent link: https://www.econbiz.de/10011608575
competitiveness of industries and regions, and welfare. We also consider the possible existence of imperfect competition in the energy …
Persistent link: https://www.econbiz.de/10010312445
This paper proposes a model of efficiency wage with endogenous workers flows in interaction with imperfect competition … premia. Increased competition pushes real wages up but effort incentive requirements prevent large wage adjustments. Hence …, adjustments are made with quantities: both the separation and hiring rates increase with competition, increasing the wage premium …
Persistent link: https://www.econbiz.de/10010304143
Consider a differentiated product market in which all consumers are fully informed about match value and price at the time they make their purchasing decision. Initially, consumers become informed about the prices of all products in the market but do not know the match values. Some consumers...
Persistent link: https://www.econbiz.de/10010333807
context scale economies dominated the effects of choice and competition. This points to an often ignored trade-off between … scale and competition. …
Persistent link: https://www.econbiz.de/10010278683