Generalised oligopoly derived demand with an application to tax induced entry

de Meza, David ORCID: 0000-0002-5638-8310 (1982) Generalised oligopoly derived demand with an application to tax induced entry. Bulletin of Economic Research, 34 (1). pp. 1-16. ISSN 0307-3378

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Identification Number: 10.1111/j.1467-8586.1982.tb00432.x

Abstract

Equations are derived for the factor demand of an N firm oligopoly for fairly general market demand curves and production functions. Free-entry is then introduced and it is shown that this may either raise or lower derived demand elasticity. This result is then applied to show that a unit production tax may encourage entry and so cause larger changes in price and quantity in the short run than the long run.

Item Type:	Article
Official URL:	http://www.wiley.com/bw/journal.asp?ref=0307-3378
Additional Information:	© 1982 Wiley-Blackwell
Divisions:	Management
Subjects:	H Social Sciences > HB Economic Theory
Date Deposited:	12 Apr 2011 10:54
Last Modified:	01 Oct 2024 03:28
URI:	http://eprints.lse.ac.uk/id/eprint/35471

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