The Kemp-Wan Proposition under Increasing Returns to Scale and Oligopolistic Competition

Murray Kemp and Koji Shimomura

No 88, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: We show that the Kemp-Wan proposition concerning the formation of customs union holds under conditions of imperfect competition and increasing returns.

Keywords: Oligopolies; Customs (search for similar items in EconPapers)
JEL-codes: D43 F13 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1998-01
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Persistent link: https://EconPapers.repec.org/RePEc:kob:dpaper:88

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