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- W2187528519 abstract "This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming “continuum–Pollak” preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small number of home and foreign firms engage in Cournot competition. I show how competitive advantage interacts with comparative advantage to determine resource allocation and, specializing to continuum–quadratic preferences, I explore the model's implications for the gains from trade, for the distribution of income between wages and profits, and for production and trade patterns in a two-country world." @default.
- W2187528519 created "2016-06-24" @default.
- W2187528519 creator A5050093056 @default.
- W2187528519 date "2016-06-17" @default.
- W2187528519 modified "2023-10-02" @default.
- W2187528519 title "International Trade in General Oligopolistic Equilibrium" @default.
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- W2187528519 doi "https://doi.org/10.1111/roie.12233" @default.
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