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This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the traditional one with physical capital, such a...
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search of a general theory. Such spatial imbalances have two possible explanations. In the first one, uneven economic … results developed in standard location theory, we use a unified framework to survey the home market effect as well as …
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We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …
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various industrial organizations (monopoly, duopoly, Walrasian limit) under the symmetric Cournot competition. We also deal …
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