文章基本信息

标题：Product Market Competition and Economic Growth: The Role of Increasing Returns to Production Specialization
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作者：Juin-jen Chang ; Hsiao-wen Hung
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2012
卷号：2
期号：3
页码：233-238
DOI：10.4236/tel.2012.23043
出版社：Scientific Research Publishing
摘要：In a simple one-sector endogenous growth model of imperfect competition, we show that the competitiveness-growth relationship can be mixed, crucially depending on the degree of the increasing returns to specialization. This ambiguity not only reconciles the theoretical prediction with the recent empirical evidence, but also provides a plausible explanation for the diversity in the competitiveness-growth relationship across countries.
关键词：Monopoly Power; Increasing Returns to Specialization; Economic Growth