Applied General Equilibrium Analysis of Small Open Economies with Scale Economies and Imperfect Competition
AbstractAn applied general equilibrium model of a small open economy is described. The model incorporates industrial organization structures heretofore absent from applied G.E. trade models. Scale economies, product differentiation and explicit price setting are novel model features. Some illustrative results for trade liberalization policies are given for a 1976 Canadian data set and contrasted with a conventional constant returns neoclassical model on the same data set. Results from the alternative models differ significantly.
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Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 74 (1984)
Issue (Month): 5 (December)
Other versions of this item:
- Richard Harris, 1983. "Applied General Equilibrium Analysis of Small Open Economies with Scale Economies and Imperfect Competition," Working Papers 524, Queen's University, Department of Economics.
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