Does higher degree of monopoly imply worse results for output and employment?
In an economy producing n symmetric goods (where n is an integer number equal or greater than one), monopolistic competition produces smaller output and employment than perfect competition. The inferiority of the equilibrium is directly related to the number of goods produced and to the returns of l...
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Formato: | artículo científico |
Lenguaje: | Inglés |
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Universidad Autónoma Metropolitana Unidad Azcapotzalco
2007
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Acceso en línea: | http://www.redalyc.org/articulo.oa?id=41311486006 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/94485 |