The Degree of Monopoly, International Trade and Transnational Corporations
This paper explores the impact, on an average degree of monopoly used to analyse the functional distribution of income, of transnational corporations (TNC's) producing in and yet trading between several countries. Cowling (1976) and Cowling and Waterson (1976) consider a closed economy and relate an industry's degree of monopoly (defined as the mark up of price over marginal cost) to its herfindahl index of concentration, degree of collusion, and price elasticity of demand. Lyons (1979) introduces international trade into the model, allowing for imports from overseas corporations - i.e. firms which do not produce in the domestic market. This ignores the possibility of a transnational corporation, a firm which produces in more than one country, engaging in domestic production and importing from its overseas affiliates.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1982|
|Date of revision:|
|Contact details of provider:|| Postal: CV4 7AL COVENTRY|
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www2.warwick.ac.uk/fac/soc/economics/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wrk:warwec:208. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Morris)
If references are entirely missing, you can add them using this form.