کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7383358 | 1480433 | 2018 | 7 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Technological gap and heterogeneous oligopoly
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
This paper explores the effect of technological gap on output, profits, market concentration, and social welfare in quantity setting oligopoly with firms of unequal sizes, holding different conjectures, operating with non-identical costs, and producing homogenous products. Assuming firms with relatively advanced technology adopt sophisticated Cournot strategy while the remaining with backward technology behave as price takers, we find that an increase in technological gap between two types of firms may paradoxically lead to higher profits for not only the advanced but also the backward. Moreover, wider technological distance could lead to lower market concentration and be welfare enhancing.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Quarterly Review of Economics and Finance - Volume 67, February 2018, Pages 1-7
Journal: The Quarterly Review of Economics and Finance - Volume 67, February 2018, Pages 1-7
نویسندگان
Weihong Huang, Yang Zhang,