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Effects of Entry in A Model of Oligopoly With International Trade
Oleh:
Agarwal, Manmohan
;
Barua, Alokesh
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, The vol. 3 no. 1 (1994)
,
page 1-13.
Topik:
oligopoly
;
oligopoly
;
international trade
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ35
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The effect of entry where an individual firm is an oligopolist in the domestic market and a perfect competitor in the international market is examined. While the domestic firm can export, the domestic market is protected from foreign competition. It is shown that because of the export market all oligopolistic firms which export have an equal share of the domestic market. Also the so - called Ruffin condition is sufficient but not necessary for stability. The Ruffin condition also ensures quasi - competitiveness in that entry leads to larger domestic sales by he industry and lower price. Furthermore, with entry, exports of an individual firm and of the industry increase. An expenditure function analysis shows that such an increase in exports improves welfare.
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