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文章基本信息

  • 标题:Market power, the multiplier and economic policy under oligopolistic competition
  • 本地全文:下载
  • 作者:Ludovic JULIEN
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2008
  • 卷号:4
  • 出版社:Economics Bulletin
  • 摘要:In this note, we consider a multisector macroeconomic model under oligopolistic competition. We analyze the effect of an increase of the number of sectors on equilibrium price and on allocations, when the number of oligopolits of each type is constant. We also show that a tax policy has more impact on aggregate activity when the economy has many sectors. Additionally, the tax multiplier is higher than the expenditure multiplier.
  • 关键词:strategic interactions
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