Factor Structure and Market Integration under Two-Factor Monopolistic Competition Model
The authors study the impact of trade liberalization on the market of a differentiated good and consumers’ welfare. The economy involves two factors of production: labor and capital. The researchers find that consumers always gain from trade liberalization. The article also establishes that the beh...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Russian |
| Published: |
Economic Research Institute of the Far East Branch of the Russian Academy of Sciences
2013-09-01
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| Series: | Prostranstvennaâ Èkonomika |
| Subjects: | |
| Online Access: | http://spatial-economics.com/eng/images/spatial-econimics/3_2013/SE.2013.3.010-029.Zhelobodko.pdf |