首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Protection for sale under monopolistic competition: Beyond the CES
Institution:1. Dipartimento di Economia e Finanza, Università degli Studi di Roma “Tor Vergata”, Via Columbia 2, 00133 Roma, Italy;2. Dipartimento di Scienze per l’Economia e l’Impresa, Università degli Studi di Firenze, Via delle Pandette 32, 50127 Firenze, Italy;1. Louisiana State University and NBER, USA;2. Hasselt University, Belgium;1. Department of Economics, University of Alabama, Tuscaloosa, AL 35487, USA;2. Economic Science Institute, Chapman University One University Drive, Orange, CA 92866, USA;3. Weatherhead School of Management, Case Western Reserve University, 11119 Bellflower Road, Cleveland, OH 44106, USA;1. Paris School of Business, 59 Rue Nationale, 75013, Paris, France;2. University of York, UK;1. Department of Economics and Finance, Brunel University, Uxbridge, UB8 3PH, United Kingdom;2. Institute for Strategy and Analysis, Government Office of the Slovak Republic, Slovakia;3. Department of Economics, Faculty of Economics, Istanbul University, Turkey;4. PRIGO University, Havířov, Czech Republic;5. CESIfo Munich, Germany;6. Rimini Centre for Economic Analysis (RCEA), Canada;7. Global Labor Organization (GLO), Germany
Abstract:We extend the protection for sale model of Grossman and Helpman (1994) by introducing a general model of monopolistic competition with variable markups and incomplete pass-through. We show that the structure of protection emerging in the political equilibrium not only depends on the weight attached by the government to consumer welfare when making its policy decision, but also on the degree of market power of firms and on the terms-of-trade variations due to the degree of pass-through. Our results highlight the importance of preferences in shaping the structure of protection and are consistent with the occurring of protectionism also in unorganized industries.
Keywords:Protection for sale  Monopolistic competition  Incomplete pass-through  Endogenous markups  F12  F13
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号