arXiv Open Access 2020

Competition among Large and Heterogeneous Small Firms

Lijun Pan Yongjin Wang

Lihat Sumber

Abstrak

We extend the model of Parenti (2018) on large and small firms by introducing cost heterogeneity among small firms. We propose a novel necessary and sufficient condition for the existence of such a mixed market structure. Furthermore, in contrast to Parenti (2018), we show that in the presence of cost heterogeneity among small firms, trade liberalization may raise or reduce the mass of small firms in operation.

Topik & Kata Kunci

econ.GN

Penulis (2)

Lijun Pan

Yongjin Wang

Format Sitasi

APA MLA BibTeX

Pan, L., Wang, Y. (2020). Competition among Large and Heterogeneous Small Firms. https://arxiv.org/abs/2005.14442

Akses Cepat

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Informasi Jurnal

Tahun Terbit: 2020
Bahasa: en
Sumber Database: arXiv
Akses: Open Access ✓