dc.creatorAlejandro Rodríguez Arana
dc.date2007
dc.date2022-03-22T18:47:39Z
dc.date2022-03-22T18:47:39Z
dc.date.accessioned2023-08-23T16:31:04Z
dc.date.available2023-08-23T16:31:04Z
dc.identifierhttp://www.redalyc.org/articulo.oa?id=41311486006
dc.identifierhttp://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/94485
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8374258
dc.descriptionIn 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 labour on production (when there is just one good perfect competition and monopoly are equivalent). Therefore, inter-industry coalitions among monopolistic competitors approach the economy to the perfect competition equilibrium. In the limit, when all monopolistic competitors collude, the ex ante recognition of symmetries implies an identical equilibrium than perfect competition.
dc.formatapplication/pdf
dc.languageen
dc.publisherUniversidad Autónoma Metropolitana Unidad Azcapotzalco
dc.relationhttp://www.redalyc.org/revista.oa?id=413
dc.rightsAnálisis Económico
dc.sourceAnálisis Económico (México) Num.51 Vol.XXII
dc.subjectEconomía y Finanzas
dc.subjectMonopoly
dc.subjectinter-industry coalition
dc.subjectintra-industry coalition
dc.subjectprices
dc.subjectwage
dc.titleDoes higher degree of monopoly imply worse results for output and employment?
dc.typeartículo científico


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