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Sectorial public power and endogenous growth
(Centro de Investigación y Docencia Económicas, División de Economía, 1998)
The concept of sectorial political economy is defined using a model of fragmented perfect competition and introduced in an dynamic game in which the government is a Stackelberg leader and the representative families of ...
Market foreclosure and strategic aspects of vertical agreements
(Centro de Investigación y Docencia Económicas, División de Economía, 1998)
This paper reviews the arguments about market foreclosure ─as an incentive for vertical agreements between upstream and downstream firms─ and its effects on welfare. We consider that downstream firms compete both in prices ...