In this note, we briefly review the now standard Dixit-Stiglitz-Krugman trade model of monopolistic competition. Furthermore, we propose a convincing graphical exposition that emphasizes the firms' entry-exit process.

Toru Kikuchi

Research Papers in Economics

English

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The Dixit-Stiglitz-Krugman Trade Model: A Geometric Note

The Dixit-Stiglitz-Krugman Trade Model: A Geometric Note

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Research Papers in Economics

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