Social optimality in interregional trade models-Reference-Cited by-同舟云学术

Social optimality in interregional trade models

Published:2022-10-16 Issue:3 Volume: Page:10-25
ISSN:2073-6495
Container-title:Vestnik NSUEM
language:
Short-container-title:Vestn. NGUÈU

Author:

Bykadorov I. A.¹,Ismaiylova Yu. N.¹,Pudova M. V.¹,Khruschev S. E.¹

Affiliation:

1. Siberian Institute of Management – branch of the Russian Presidential Academy of National Economy and Public Administration

Abstract

We study the model of interregional trade under monopolistic competition of producers. We obtain a local comparative statics of symmetric social optimality with respect to transport costs. Particular attention is paid to situations of free trade and autarky. For the case of two regions, counterintuitive results we obtain that (1) with low transport costs in one of the regions, public welfare can either increase or decrease; (2) when transport costs are high, trade liberalization worsens public welfare in one region and improves it in another.

Publisher

Novosibirsk State University of Economics and Management - NSUEM

Subject

General Medicine

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1. Market equilibrium in interregional trade models under monopolistic competition;Vestnik NSUEM;2022-10-18