Endogenous markups and fiscal policy

被引：9

作者：

Costa, LF ^{[1
]}

机构：

[1] Univ Tecn Lisboa, Inst Super Econ & Gestao, Lisbon, Portugal

[2] UECE, Lisbon, Portugal

来源：

MANCHESTER SCHOOL | 2004年 / 72卷

关键词：

D O I：

10.1111/j.1467-9957.2004.00419.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper analyses a simple imperfectly competitive general equilibrium model where the entry mechanism generates an endogenous markup. In this second-best world fiscal policy is more effective than in Walrasian or in fixed-markup monopolistic competition models, as it produces efficiency gains through entry.

引用

页码：55 / 71

页数：17

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