A homothetic utility function for monopolistic competition models, without constant price elasticity

By Robert C. Feenstra. 2003

265 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/1b57f4263ff0c2f979070927a1634a9d53913e2a

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Citations in the corpus

Trade, markup heterogeneity and misallocations (2011, unknown): “We use these time-varying coe¢ cients again into (17) to obtain the value of W=WFB.”
Monopolistic Competition when Income Matters (2017, unknown): “At the other extreme are models in which demand elasticity does not depend on the price-income ratio but depends on the number of varieties, as under the homothetic Translog preferences employed by Feenstra (2003), where θe increases with n.”
The Gains from Market Integration (2015, background): “…who work with a class of demand relations that encompasses an additively separable but non-CES utility function as in Krugman (1979), a quadratic but nonseparable utility function as in Melitz & Ottaviano (2008), and preferences deriving from a translog expenditure function as in Feenstra (2003).”
Bigger is Better: Market Size, Demand Elasticity and Innovation (2010, unknown): “A Symmetric Equilibrium is a vector of elements (pii , "ii ,pij , "ij , wi , d , dii , dij , Qi , Cii , Cij , i ), where i; j 2 fH;Fg, i 6= j, and xii = xjj , xij = xji and xi = xj for any variable x , that satises conditions (4), (6), (7), (8), (9), (10), (11), (12), (14), (15), (16) and (17).”
Import Demand Elasticities and Trade Distortions (2004, unknown): “scalars an, and its transpose, and adjust the diagonal elements to satisfy all homogeneity constraints ( 13 ) :”
Declining Competition and Investment in the U.S. (2017, unknown): “(2016); Feenstra et al. (2017) study the effects of Chinese import exposure on U.S. manufacturing employment. They show that a large portion of the reduction of U.S. manufacturing employment can be explained by Chinese import competition. Some of these papers briefly study capital and investment in ”
Monopolistic Competition and Optimum Product Diversity under Firm Heterogeneity (2019, background): “We are grateful to G Alessandria, C Arkolakis, R Armenter, A Bernard, S Chatterjee, D Chor, S Durlauf, C Engel, T Fally, R Feenstra, K Head, W Keller, J Lin, E Ornelas, G Ottaviano, M Parenti, N Pavcnik, T Sampson, D Sturm, J Thisse, J Van Reenen, A Weinberger, B Zissimos and M Zhu for insightful co”
Gravity Equations: Workhorse,Toolkit, and Cookbook (2013, unknown): “…n. Arkolakis et al. (2012a) show that this demand system encompasses a large set of different preferences that have been used in the literature to generate variable markups (Behrens et al. (2009), Feenstra (2003), and a version of Melitz and Ottaviano (2008) where the outside good is omitted).”
From micro to macro: Demand, supply, and heterogeneity in the trade elasticity ☆ (2017, unknown): “Novy (2013) builds on Feenstra (2003), using the translog demand system with homogeneous firms to obtain variable trade elasticities.”
Theories of Heterogeneous Firms and Trade (2011, unknown): “…for modeling firm heterogeneity with endogenous mark-ups include Bertrand competition in Bernard et al. (2003), translog preferences and monopolistic competition following Feenstra (2003), and Constant Absolute Risk Aversion preferences and monopolistic competition following Behrens & Murata…”