Antràs, Pol (contributor); Helpman, Elhanan (contributor) - 2004 - [Elektronische Ressource]
of consumers with
identical preferences represented by:
U = x0 + 1
JX
j=1
X j , 0 < < 1,
wherex0 is consumption of a … assume that > , so that varieties within a sector are more
substitutable for each other than they are substitutable for x0 …) = X j xj(i) 1. (1)
Producers of di�erentiated products face a perfectly elastic supply of labor in each
one of the …