Behrens, Kristian (contributor); … - 2005
)
Symmetric expressions hold for country-F firms.Although each firm is
negligible so that its output does not change aggregate … market conditions,
those conditions influence each firm’s optimal strategy.Using (4) as well as
the expressions of output …-
ciently similar because λ
∗
0
−θ>0.However, once the gap in set-up costs
becomes sufficiently large,the country hosting the …