In the Cournot-Walras general equilibrium model, there may be ``more to gain'' by changing the numéraire than by eliminating imperfections: a two-good economy example
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Abstract
Suggested Citation
Note: In : J. Mercenier and T.N. Srinivasan (eds). Applied general equilibrium and economic development. Present achievements and future trends. The University of Michigan Press, Ann Arbor, 217-224, 1994.
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Other versions of this item:
- Victor Ginsburgh, 1994. "In the Cournot-Walras general equilibrium model, there may be 'more to gain' by changing the numeraire than by eliminating imperfections: a two-good economy example," ULB Institutional Repository 2013/1885, ULB -- Universite Libre de Bruxelles.
Citations
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Cited by:
- Mercenier, Jean, 1995.
"Nonuniqueness of Solutions in Applied General Equilibrium Models with Scale Economies and Imperfect Competition,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 161-177, June.
- Jean Mercenier, 1994. "Nonuniqueness of solutions in applied general equilibrium models with scale economies and imperfect competition," Staff Report 183, Federal Reserve Bank of Minneapolis.
- José Azar & Xavier Vives, 2021.
"General Equilibrium Oligopoly and Ownership Structure,"
Econometrica, Econometric Society, vol. 89(3), pages 999-1048, May.
- Vives, Xavier & Azar, José, 2020. "General Equilibrium Oligopoly and Ownership Structure," CEPR Discussion Papers 15499, C.E.P.R. Discussion Papers.
- Mercenier, Jean, 1995. "Can "1992" reduce unemployment in Europe? On welfare and employment effects of Europe's move to a single market," Journal of Policy Modeling, Elsevier, vol. 17(1), pages 1-37, February.
- Chahreddine ABBES, 2009. "When Free Trade is Good for the Environment?," EcoMod2009 21500000, EcoMod.
- Mark D. Partridge & Dan S. Rickman, 1998. "Regional Computable General Equilibrium Modeling: A Survey and Critical Appraisal," International Regional Science Review, , vol. 21(3), pages 205-248, December.
- Hoffmann, Anders N., 2003. "Imperfect competition in computable general equilibrium models -- a primer," Economic Modelling, Elsevier, vol. 20(1), pages 119-139, January.
- WILLENBOCKEL Dirk, 2010. "The Numeraire Problem in General Equilibrium Models with Market Power: Much Ado About Nothing?," EcoMod2003 330700152, EcoMod.
- Böhm, Volker, 2022. "The Role of Price Normalization in Imperfectly Competitive Economies," Center for Mathematical Economics Working Papers 673, Center for Mathematical Economics, Bielefeld University.
- Dirk Willenbockel, 2005. "The Price Normalisation Problem in General Equilibriun Models with Oligopoly Power: An Attempt at Perspective," GE, Growth, Math methods 0505002, University Library of Munich, Germany.
- Willenbockel, Dirk, 2004. "Specification choice and robustness in CGE trade policy analysis with imperfect competition," Economic Modelling, Elsevier, vol. 21(6), pages 1065-1099, December.
- Anushree Sinha, 2010. "Productivity of Indian Informal Workers," Journal of South Asian Development, , vol. 5(1), pages 15-52, April.
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