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Autor:innen: 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Centre for Economic Research Working Paper Series No. WP02/20
Verlag: 
University College Dublin, Department of Economics, Dublin
Zusammenfassung: 
This paper reviews some puzzling economic aspects of globalisation and argues that they cannot be satisfactorily addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly in general equilibrium is sketched. The model ensures theoretical consistency by assuming that firms are large in their own markets but small in the economy as a whole, and ensures tractability by assuming quadratic preferences defined over a continuum of goods. Applications considered include the effects of trade liberalisation on industrial structure, on cross-border merger waves, and on the distribution of income between skilled and unskilled workers.
Schlagwörter: 
Cross-border mergers
GOLE (General Oligopolistic Equilibrium)
market integration
trade and wages
trade liberalisation
JEL: 
D50
L13
F12
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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