FISCAL SPENDING AND NATIONAL INCOME WITH IMPERFECT COMPETITION
作者： CHI-CHUR CHAO , EDEN S. H. YU
DOI: 10.1111/J.1467-9957.1996.TB00495.X
关键词:
摘要: In this paper, the authors examine fiscal policy effectiveness under oligopolistic competition and increasing returns to scale. Their results indicate that is always contractionary in a classical, full-employment economy. Similarly, can reduce national income Keynesian, unemployment model. Hence, may not be effective promoting income. Copyright 1996 by Blackwell Publishers Ltd The Victoria University of Manchester
core.ac.uk
sci-hub.se 参考文章(25)
Edward F. Buffie, Pablo T. Spiller, Trade liberalization in oligopolistic industries: The quota case Journal of International Economics. ,vol. 20, pp. 65- 81 ,(1986) , 10.1016/0022-1996(86)90061-9
Hideki Konishi, Masahiro Okuno-Fujiwara, Kotaro Suzumura, Oligopolistic competition and economic welfare: A general equilibrium analysis of entry regulation and tax-subsidy schemes Journal of Public Economics. ,vol. 42, pp. 67- 88 ,(1990) , 10.1016/0047-2727(90)90044-I
DENNIS J. SNOWER, IMPERFECT COMPETITION, UNDEREMPLOYMENT AND CROWDING-OUT Oxford Economic Papers. ,vol. 35, pp. 245- 270 ,(1983) , 10.1093/OXFORDJOURNALS.OEP.A041612
HUW DIXON, A SIMPLE MODEL OF IMPERFECT COMPETITION WITH WALRASIAN FEATURES Oxford Economic Papers. ,vol. 39, pp. 134- 160 ,(1987) , 10.1093/OXFORDJOURNALS.OEP.A041774
Martin L. Weitzman, Increasing Returns and the Foundations of Unemployment Theory The Economic Journal. ,vol. 92, pp. 787- 804 ,(1982) , 10.2307/2232668
Elhanan Helpman, Macroeconomic Policy in a Model of International Trade with a Wage Restriction International Economic Review. ,vol. 17, pp. 262- 277 ,(1976) , 10.2307/2525701
Huw Dixon, Unions, oligopoly and the natural range of employment The Economic Journal. ,vol. 98, pp. 1127- 1147 ,(1988) , 10.2307/2233723
Eden S. H. Yu, Unemployment and the Theory of Customs Unions The Economic Journal. ,vol. 92, pp. 399- 404 ,(1982) , 10.2307/2232450
Raveendra N. Batra, Hamid Beladi, Pattern of trade between underemployed economies Economica. ,vol. 57, pp. 485- 493 ,(1990) , 10.2307/2554714
Richard Startz, Monopolistic Competition as a Foundation for Keynesian Macroeconomic Models Quarterly Journal of Economics. ,vol. 104, pp. 737- 752 ,(1989) , 10.2307/2937865