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Modelling Complementarity in Monopolistic Competition
Department of Economics, Northwestern University.
1993 (English)Report (Other academic)
Abstract [en]

In recent years, monopolistic competition models have frequently been applied in macroeconomics, international and interregional economics, and economic grwoth and development. In this paper, I present a highly selective review in this ares, with special emphasis on the complementarity and its role of generating multiplier processes, agglomeration, underdevelopment traps, regional disparities, and sustainable growth, or more generally, what Myrdal (1957) called the "principle of circular and cumulative causation."

Place, publisher, year, edition, pages
Stockholm: IIES , 1993. , 39 p.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 534
National Category
URN: urn:nbn:se:su:diva-41854OAI: diva2:337996
Published in connection with a visit at the IIES.Available from: 2010-08-10 Created: 2010-08-10 Last updated: 2010-08-10

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