The Monopolistic Competition Revolution in Retrospect

ISBN-13: 9780521819916 / Angielski / Twarda / 2001 / 512 str.

Steven Brakman; Ben J. Heijdra

Opis

Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution." Experts in the areas of macroeconomics, international trade theory, economic geography, and international growth theory examine the success of the second revolution in this collection of papers. They reveal what appears to be "missing" and look forward to the next step in the modelling of imperfectly competitive markets. The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.

Recenzje

Review of the hardback: '… an important book that should be read by all research economists and that will be of particular interest to those concerned with international trade. … One cannot help being inspired by this volume.' Journal of International Economics

Spis treści

List of contributors; Preface; 1. Introduction Steven Brakman and Ben J. Heijdra; Part I. Underground Classics: 2. Monopolistic competition and the capital market Joseph E. Stiglitz; 3. Monopolistic competition and optimum product diversity (May 1974) Avinash K. Dixit and Joseph E. Stiglitz; 4. Monopolistic competition and optimum product diversity (February 1975) Avinash K. Dixit and Joseph E. Stiglitz; Part II. Current Perspectives: 5. Some reflections on theories and applications of monopolistic competition Avinash K. Dixit; 6. Reflections on the state of the theory of monopolistic competition Joseph E. Stiglitz; 7. Dixit-Stiglitz, trade and growth Wilfred J. Ethier; Part III. International Trade: 8. Monopolistic competition and international trade theory J. Peter Neary; 9. Monopolistically competitive provision of inputs: a geometric approach to the general equilibrium Joseph Francois and Douglas Nelson; Part IV. Economic Geography: 10. The core-periphery model: key features and effects Richard E. Baldwin, Rikard Forslid, Philippe Martin, Gianmarco I. P. Ottaviano and Frederic Robert-Nicoud; 11. Globalisation, wages and unemployment: a new economic geography perspective Jolanda J. W. Peeters and Harry Garretsen; 12. Empirical research in geographical economics Steven Brakman, Harry Garretsen, Charles van Marrewijk and Marc Schramm; 13. The monopolistic competition model in urban economic geography J. Vernon Henderson; Part V. Economic Growth: 14. Monopolistic competition and economic growth Sjak Smulders and Theo van de Klundert; 15. Convergence and the welfare gains of capital mobility in a dynamic Dixit-Stiglitz world Sjak Smulders; 16. A vintage model of technology diffusion: the effects of returns to diversity and learning-by-using Henri L. F. de Groot, Marjan W. Hofkes and Peter Mulder; Part VI. Macroeconomics: 17. Monopolistic competition and macroeconomics: theory and quantitative implications Russell W. Cooper; 18. Does competition make firms enterprising or defensive? Jan Boone; 19. Rationalisation and specialisation in start-up investment Christian Keuschnigg; 20. Industrial policy in a small open economy Leon J. H. Bettendorf and Ben J. Heijdra; Index.