MONOPSONY AND PLANT LOCATION IN A THÜNEN LAND USE MODEL*
在屠能模型中引入有限供给弹性,分析买方垄断对工厂规模和运输距离的影响,发现垄断工厂比竞争工厂更小、运输距离更短。
ABSTRACT. Previous work has developed a method for studying noninfinitesimal operational units, called “plantations,” with the Thüen model. In that model, increasing returns to scale generate large operational units, but the potential market power conferred by the scale economies is sidestepped as an issue. The present work introduces finite supply elasticities and examines their locational impacts. The profit‐maximizing monopsonistic plantation is smaller, and the shipment distance for its processed output is shorter, than for a comparable competitive plantation. The present approach does not involve spatial competition strategies.