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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/78212

    Title: Product Market Competition and Economic Growth: The Role of Increasing Returns to Production Specialization
    Authors: Chang, Juin-jen;Hung, Hsiao-wen
    Contributors: 淡江大學產業經濟學系
    Keywords: Monopoly Power;Increasing Returns to Specialization;Economic Growth
    Date: 2012-08
    Issue Date: 2012-09-12 18:17:00 (UTC+8)
    Publisher: Scientific Research Publishing
    Abstract: 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.
    Relation: Theoretical Economics Letters 2(3), p.233-238
    DOI: 10.4236/tel.2012.23043
    Appears in Collections:[Graduate Institute & Department of Industrial Economics] Journal Article

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