Does more market competition lead to higher income and utility in the long run?

نویسندگان

چکیده

Abstract In this paper, we investigate if more competition leads to higher per capita incomes and/or a level of utility in the long run. To end, use Diamond overlapping‐generations model but relaxing assumption perfect good market. We show that weaker unequal distribution income. Surprisingly, note general, tougher does not lead either an increase or nonfirm owners’

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ژورنال

عنوان ژورنال: Bulletin of Economic Research

سال: 2021

ISSN: ['0307-3378', '1467-8586']

DOI: https://doi.org/10.1111/boer.12318