The Monopolistic Competition Revolution in Retrospect

In this 2003 text, experts analyse the second monopolistic competition revolution on the modeling of imperfectly competitive markets.

List of contributors; Preface; 1. Introduction Steven Brakman and Ben J. Heijdra; Part I. Underground Classics: 2. Monopolistic competition and the capital market Joseph E. Stiglitz; 3. Monopolistic competition and optimum product diversity (May 1974) Avinash K. Dixit and Joseph E. Stiglitz; 4. Monopolistic competition and optimum product diversity (February 1975) Avinash K. Dixit and Joseph E. Stiglitz; Part II. Current Perspectives: 5. Some reflections on theories and applications of monopolistic competition Avinash K. Dixit; 6. Reflections on the state of the theory of monopolistic competition Joseph E. Stiglitz; 7. Dixit-Stiglitz, trade and growth Wilfred J. Ethier; Part III. International Trade: 8. Monopolistic competition and international trade theory J. Peter Neary; 9. Monopolistically competitive provision of inputs: a geometric approach to the general equilibrium Joseph Francois and Douglas Nelson; Part IV. Economic Geography: 10. The core-periphery model: key features and effects Richard E. Baldwin, Rikard Forslid, Philippe Martin, Gianmarco I. P. Ottaviano and Frederic Robert-Nicoud; 11. Globalisation, wages and unemployment: a new economic geography perspective Jolanda J. W. Peeters and Harry Garretsen; 12. Empirical research in geographical economics Steven Brakman, Harry Garretsen, Charles van Marrewijk and Marc Schramm; 13. The monopolistic competition model in urban economic geography J. Vernon Henderson; Part V. Economic Growth: 14. Monopolistic competition and economic growth Sjak Smulders and Theo van de Klundert; 15. Convergence and the welfare gains of capital mobility in a dynamic Dixit-Stiglitz world Sjak Smulders; 16. A vintage model of technology diffusion: the effects of returns to diversity and learning-by-using Henri L. F. de Groot, Marjan W. Hofkes and Peter Mulder; Part VI. Macroeconomics: 17. Monopolistic competition and macroeconomics: theory and quantitative implications Russell W. Cooper; 18. Does competition make firms enterprising or defensive? Jan Boone; 19. Rationalisation and specialisation in start-up investment Christian Keuschnigg; 20. Industrial policy in a small open economy Leon J. H. Bettendorf and Ben J. Heijdra; Index.