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Specialization, Product Development, Evolution Of The Institution Of The Firm, And Economic Growth

In: Inframarginal Contributions To Development Economics

Author

Listed:
  • Jeff Borland

    (University of Melbourne, Australia)

  • Xiaokai Yang

    (Monash University, Australia)

Abstract

AbstractThe following sections are included:IntroductionModelIndividual Decisions and Static EquilibriumDynamic EquilibriumEmergence of Firms from the Evolution in Division of LaborConclusionAppendix A: A Proof of Lemma 1Appendix B: Proof of Proposition 1Appendix C: A Proof of Proposition 2References

Suggested Citation

  • Jeff Borland & Xiaokai Yang, 2006. "Specialization, Product Development, Evolution Of The Institution Of The Firm, And Economic Growth," World Scientific Book Chapters,in: Inframarginal Contributions To Development Economics, chapter 12, pages 291-325 World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812774255_0012
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    Cited by:

    1. Xiaokai Yang, 2006. "The Division Of Labor, Investment And Capital," World Scientific Book Chapters,in: Inframarginal Contributions To Development Economics, chapter 16, pages 409-436 World Scientific Publishing Co. Pte. Ltd..
    2. Sahoo, Biresh K. & Tone, Kaoru, 2013. "Non-parametric measurement of economies of scale and scope in non-competitive environment with price uncertainty," Omega, Elsevier, vol. 41(1), pages 97-111.
    3. Yang, X. & Liu, P.W., 1999. "Division of Labor Transaction Cost, Emergence of the Firm and Firm Size," Papers 10, Chicago - Graduate School of Business.
    4. Xiaokai Yang, 2000. "Incomplete Contingent Labor Contract, Asymmetric Residual Rights and Authority, and the Theory of the Firm," CID Working Papers 45, Center for International Development at Harvard University.
    5. Pak-Wai Liu & Xiaokai Yang, 2006. "The Theory Of Irrelevance Of The Size Of The Firm," World Scientific Book Chapters,in: Inframarginal Contributions To Development Economics, chapter 11, pages 259-290 World Scientific Publishing Co. Pte. Ltd..
    6. Cheng, Wenli & Yang, Xiaokai, 2004. "Inframarginal analysis of division of labor: A survey," Journal of Economic Behavior & Organization, Elsevier, vol. 55(2), pages 137-174, October.

    More about this item

    Keywords

    Inframarginal; Transaction Costs; Division of Labor;

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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