Demand for intermediate goods on high-tech markets with imperfect competition

Authors

Keywords:

vertical integration, high-tech, scale effect, imperfect competition, oligopoly, intermediate demand

Abstract

The article points out how the features of production process in high-tech affects industrial market structure. The upstream market demand model was developed using dynamic Bertrand competition model extended by variable scale-effect proposition. Resulting model helps to estimate vertical integration/disintegration decisions made by high-tech companies.

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Author Biographies

  • Tatiana Nikolaevna Gogoleva, Voronezh State University

    Dr. Sci. (Econ.), Head of the Department of Economic Theory and World Economy

  • Nikita Sergeevich Rogatnev, Voronezh State University

    Postgraduate Student, Department of Economic Theory and World Economy

References

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Published

2014-12-31

Issue

No. 4 (2014): October-December

Section

S

How to Cite

Gogoleva, T. N., & Rogatnev, N. S. (2014). Demand for intermediate goods on high-tech markets with imperfect competition. Eurasian Journal of Economics and Management, 4, 166-173. https://journals.vsu.ru/econ/article/view/10015

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