• Search Research Projects
  • Search Researchers
  • How to Use
  1. Back to previous page

General equilibrium theory of monopolistic competition with income and productivity distributions and its applications

Research Project

Project/Area Number 17K03718
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionNihon University

Principal Investigator

MURATA Yasusada  日本大学, 経済学部, 教授 (40336508)

Project Period (FY) 2017-04-01 – 2020-03-31
Project Status Completed (Fiscal Year 2022)
Budget Amount *help
¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
Fiscal Year 2019: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2018: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2017: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords独占的競争 / 一般均衡理論 / 所得分布 / 生産性分布 / 利潤最大化価格 / 国際経済学 / 都市経済学 / 空間経済学
Outline of Final Research Achievements

I developed a general equilibrium model of monopolistic competition that takes into account both income and productivity distributions. In a general non-CES setting, the reservation price of a consumer for each variety depends on the price distribution (and thus the productivity distribution) of firms, as well as on his/her income. Therefore, firms with different productivity levels, which face consumers with different incomes, effectively choose the number of consumers who purchase their products by setting their own prices. I showed in this setting that the profit-maximizing price of each firm depends not only on its own productivity and the productivity distribution, but also on the income distribution.

Academic Significance and Societal Importance of the Research Achievements

本研究で得られた企業の利潤最大化価格は,Behrens and Murata (2012)が導出した消費者の所得分布を考慮した価格とBehrens, Mion, Murata, and Suedekum (2014, 2017, 2020)が導出した企業の生産性分布を考慮した価格の性質を統合し,一般化している点において学術的に意義がある。また,従来の定量的貿易モデルや定量的空間経済モデルは,同一国内,同一都市内の全消費者が共通の物価に直面すると仮定してきたが,その前提は近年の実証研究により棄却されている。本研究は,それらの実証結果と整合的な新しい理論を提示しており,政策的にも意義があるだろう。

Report

(1 results)
  • 2022 Final Research Report ( PDF )

URL: 

Published: 2017-04-28   Modified: 2024-01-30  

Information User Guide FAQ News Terms of Use Attribution of KAKENHI

Powered by NII kakenhi