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dc.contributor.authorKoska, Onur A.en_US
dc.contributor.authorStähler, Franken_US
dc.description.abstractThis paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish firms and labor is used for production. We show that two different types of equilibria may exist, one with factor price equalization and one with different factor prices. When factor prices are equalized, trade improves welfare under relatively mild conditions. However, if factor prices differ, these conditions are not sufficient for mutual gains from trade.en_US
dc.publisherCenter for Economic Studies and Ifo Institute (CESifo) Munichen_US
dc.relation.ispartofseriesCESifo working paper: Trade Policy 3543en_US
dc.subject.keywordimperfect competitionen_US
dc.subject.keywordinternational tradeen_US
dc.subject.keywordgeneral equilibriumen_US
dc.subject.stwUnvollkommener Wettbewerben_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.titleTrade and Imperfect Competition in General Equilibriumen_US
dc.typeWorking Paperen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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