Social Optimality in International Trade Under Monopolistic Competition

Результат исследования: Публикации в книгах, отчётах, сборниках, трудах конференцийстатья в сборнике материалов конференциинаучнаярецензирование

1 Цитирования (Scopus)

Аннотация

We study the homogeneous model of international trade under the monopolistic competition of producers. The utility function assumes additive separable. The transport costs are of “iceberg types”. It is known that, in the situation of market equilibrium, under linear production costs, the social welfare, as a function of transport costs, decreases near free trade while (counter-intuitively!) increases near total autarky. Instead, we study the situation of social optimality. We show that total welfare decreases. We restrict our study by the case of two countries, “big” and “small”. Moreover, we study two important “limited” situations: near free trade and near total autarky. We show that near free trade, the welfare in the small country decreases; as to the big country, we find examples when (1) the welfare decreases and (2) the welfare (counter-intuitively!) increases. Besides, in the autarky case, we describe the situations of decreasing/increasing of welfare in each country.

Язык оригиналаанглийский
Название основной публикацииMathematical Optimization Theory and Operations Research - 18th International Conference, MOTOR 2019, Revised Selected Papers
РедакторыIgor Bykadorov, Vitaly Strusevich, Tatiana Tchemisova
ИздательSpringer Gabler
Страницы163-177
Число страниц15
ISBN (печатное издание)9783030333935
DOI
СостояниеОпубликовано - 1 янв 2019
Событие18th International Conference on Mathematical Optimization Theory and Operations Research, MOTOR 2019 - Ekaterinburg, Российская Федерация
Продолжительность: 8 июл 201912 июл 2019

Серия публикаций

НазваниеCommunications in Computer and Information Science
Том1090 CCIS
ISSN (печатное издание)1865-0929
ISSN (электронное издание)1865-0937

Конференция

Конференция18th International Conference on Mathematical Optimization Theory and Operations Research, MOTOR 2019
СтранаРоссийская Федерация
ГородEkaterinburg
Период08.07.201912.07.2019

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