The Darwinian Returns to Scale.

How does an increase in market size, say due to globalization, affect welfare? We study this question using a model with monopolistic competition, heterogeneous markups, and fixed costs. We characterize changes in welfare and decompose changes in allocative efficiency into three different effects: (...

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Detalles Bibliográficos

Publicado en:	Review of Economic Studies Vol. 91; no. 3; pp. 1373 - 1406
Autores principales:	Baqaee, David Rezza, Farhi, Emmanuel, Sangani, Kunal
Formato:	Artículo
Publicado:	Oxford University Press / USA May2024
Materias:	Elasticity (Economics) Subsidies Returns to scale Economies of scale Overhead costs Demand function
Acceso en línea:	Ver este registro en EBSCOhost