Why are losses from trade unlikely?

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 129
Issue: C
Pages: 35-38

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Examining a standard monopolistic competition model with unspecified utility/cost functions, we find necessary and sufficient conditions on their elasticities for welfare losses to arise from trade or market expansion. Two numerical examples explain the losses (under unrealistic elasticities).

Technical Details

RePEc Handle
repec:eee:ecolet:v:129:y:2015:i:c:p:35-38
Journal Field
General
Author Count
4
Added to Database
2026-01-25