The textbook of International Economics by Krugman, Obstfeld and Melitz (2022) introduces the gains from trade under monopolistic competition with a simple linear demand model. We use its representative consumer foundation to decompose the welfare gains from a market expansion into competitive effects, variety effects and selection effects

Decomposing the welfare gains from trade / Bertoletti P.; Etro F.. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - STAMPA. - 247:(2025), pp. 112189.1-112189.5. [10.1016/j.econlet.2025.112189]

Decomposing the welfare gains from trade

Etro F.
2025

Abstract

The textbook of International Economics by Krugman, Obstfeld and Melitz (2022) introduces the gains from trade under monopolistic competition with a simple linear demand model. We use its representative consumer foundation to decompose the welfare gains from a market expansion into competitive effects, variety effects and selection effects
2025
247
1
5
Goal 17: Partnerships for the goals
Goal 8: Decent work and economic growth
Bertoletti P.; Etro F.
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Utilizza questo identificatore per citare o creare un link a questa risorsa: https://hdl.handle.net/2158/1451902
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