Subsidy and product diversity in the presence of buyer power
Abstract This paper analyzes the effectiveness of government subsidies in promoting product diversity when a downstream firm has buyer power. Using an extension of the Dixit‐Stiglitz model of monopolistic competition, we compare the effects of subsidies on the equilibrium number of differentiated pr...
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| Principais autores: | , |
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| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Wiley
2022-09-01
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| Serier: | International Studies of Economics |
| Online adgang: | https://doi.org/10.1002/ise3.10 |
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