| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP15731
|
| DP15731 Economic distributions, primitive distributions, and demand recovery in monopolistic competition |
| Simon Anderson; André de Palma
|
| 发表日期 | 2021-01-28
|
| 出版年 | 2021
|
| 语种 | 英语
|
| 摘要 | We link fundamental technological and taste distributions to endogenous economic distributions of prices and firm size (output, profit) generated under monopolistic competition with heterogeneous productivities as per recent Trade and IO models. We new derive properties for monopoly pricing and equivalence properties on demand curvature, profit functions, and marginal revenue, which we use to ensure distributions of cost, price, output, and profit can be matched under monopolistic competition. Demand and one distribution determine the rest. We provide constructive proofs to recover demand and all distributions from just two (e.g., price and cost distributions uncover demand form), and derive consistency conditions that distribution pairs must satisfy. We then extend to include mark-up distributions. |
| 主题 | Industrial Organization
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| 关键词 | Primitive and economic distributions
Monopoly
Monopolistic competition
Pass-through and demand recovery
Mark-up
Price and profit dispersion
|
| URL | https://cepr.org/publications/dp15731
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544736
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推荐引用方式
GB/T 7714 |
Simon Anderson,André de Palma. DP15731 Economic distributions, primitive distributions, and demand recovery in monopolistic competition. 2021.
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