Monopolistic competition with investments in productivity

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4 Citations (Scopus)

Abstract

We consider a monopolistic competition model with the endogenous choice of technology. We study the impact of technological innovation on the equilibrium and socially optimal variables. We obtained the comparative statics of the equilibrium and socially optimal solutions with respect to the technological innovation parameter and utility level parameter.

Original languageEnglish
Pages (from-to)1803-1817
Number of pages15
JournalOptimization Letters
Volume13
Issue number8
DOIs
Publication statusPublished - 1 Nov 2019

Keywords

  • Comparative statics
  • Investments in productivity
  • Monopolistic competition
  • Relative love for variety
  • TRADE
  • IMPACT

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