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- W1569443711 abstract "The Harberger (1954) method of estimating welfare losses due to market concentration is extended to the case of an open economy. As an alternative to the Harberger method, which is somewhat impractical due to some limiting assumptions, a new method is suggested which uses concentration ratios as measures of departure from competitive conditions. Welfare loss estimates using the two techniques turn out to be surprisingly similar, generally indicating losses of between 0.1 and 0.3 percent of GDP. The outcome is closely reminiscent of the majority of American studies in this area." @default.
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- W1569443711 date "1982-01-01" @default.
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- W1569443711 title "The Welfare Cost of Imperfect Industrial Competition in an Open Economy with an Application to Finland" @default.
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- W1569443711 doi "https://doi.org/10.2307/3439428" @default.
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