Market Structure and Performance: An Anti-Trust Story of Endogenous Growth
Since Schumpeter, a major concern has been: what monopoly does to growth? Monopoly’s static, allocative inefficiency is well established. How much this is offset by its dynamic progressiveness is unclear. First, using the empirical literature, we argue that the presumed progressiveness of monopoly m...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2003
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/683 https://ink.library.smu.edu.sg/context/soe_research/article/1682/viewcontent/Marketstructureandgrowth.pdf |
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| Institution: | Singapore Management University |
| Language: | English |