Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/68094
Authors: 
Coto-Martínez, Javier
García-Alonso, María D. C.
Levine, Paul
Year of Publication: 
2005
Series/Report no.: 
Department of Economics Discussion Paper, University of Kent 05,08
Abstract: 
We extend the Benassy (1996) 'taste for variety' model to an open economy setting. With the Benassy effect, the market equilibrium is inefficient, openness reduces the varieties provided in the unconstrained optimum and there are potential gains from international coordination.
Subjects: 
Taste for variety
monopolistic competition
Benassy effect
open economy
JEL: 
D43
F12
Document Type: 
Working Paper

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