Efficiency and equilibrium with dynamic increasing aggregate returns due to demand complementarities.

When do dynamic nonconvexities at the disaggregate level translate into dynamic nonconvexities at the aggregate level? We address this question in a framework where the production of differentiated intermediate inputs is subject to dynamic nonconvexities, and we show that the answer depends on the...

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Detalles Bibliográficos

Publicado en:	Econometrica Vol. 67; no. 3; pp. 499 - 526
Autores principales:	Ciccone, Antonio, Matsuyama, Kiminori
Formato:	Artículo
Publicado:	Wiley-Blackwell May 1999
Materias:	Economic equilibrium Substitution (Economics) Mathematical models Intermediate goods Resource allocation > Mathematical models
Acceso en línea:	Ver este registro en EBSCOhost