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On the Growth and Welfare Effects of Monopolistic Distortions

Arnold, Lutz G. and Bauer, Christian (2009) On the Growth and Welfare Effects of Monopolistic Distortions. Journal of Economics 97 (1), pp. 19-40.

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Abstract

The most fundamental proposition about growth and competition is that there is a tradeoff between static welfare and long-term growth. This paper reconsiders this basic proposition in an expanding variety endogenous growth model with competitive markets for “old” innovative products and for a traditional good. We shed light on some implications of monopolistic distortions which tend to be ignored ...

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Item Type:Article
Date:2009
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold)
Identification Number:
ValueType
10.1007/s00712-008-0055-6DOI
Keywords:Endogenous growth - Competition - Deregulation - Poverty trap - Trade liberalization
Subjects:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Unknown
Owner: Universitätsbibliothek Regensburg
Deposited On:28 Jun 2010 08:50
Last Modified:28 Jun 2010 08:50
Item ID:15562
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