The Division of Labor, Coordination Costs, and Knowledge
In: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition)
This paper considers specialization and the division of labor. A more extensive division of labor raises productivity because returns to the time spent on tasks are usually greater to workers who concentrate on a narrower range of skills. The traditional discussion of the division of labor emphasizes the limitations to specialization imposed by the extent of the market. The authors claim that the degree of specialization is more often determined by other considerations. Especially emphasized.are various costs of "coordinating" specialized workers who perform complementary tasks and the amount of general knowledge available. Copyright 1992, the President and Fellows of Harvard College and the Massachusetts Institute of Technology.
(This abstract was borrowed from another version of this item.)
|This chapter was published in: ||This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number
11238.||Handle:|| RePEc:nbr:nberch:11238||Contact details of provider:|| Postal: |
Web page: http://www.nber.orgEmail:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:11238. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.