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A Model Formalizing The Theory Of Property Rights

In: Inframarginal Contributions To Development Economics

Author

Listed:
  • Xiaokai Yang

    (Monash University, Australia)

  • Ian Wills

    (Monash University, Australia)

Abstract

The following sections are included:IntroductionA Model with Increasing Returns to SpecializationA model with m goodsIndividual decisionsEquilibriumComparative StaticsRemarksAppendix: A Proof of Proposition 1References

Suggested Citation

  • Xiaokai Yang & Ian Wills, 2006. "A Model Formalizing The Theory Of Property Rights," World Scientific Book Chapters, in: Christis Tombazos & Xiaokai Yang (ed.), Inframarginal Contributions To Development Economics, chapter 14, pages 363-389, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812774255_0014
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    Cited by:

    1. Teng, Jimmy, 2000. "Endogenous authoritarian property rights," Journal of Public Economics, Elsevier, vol. 77(1), pages 81-95, July.
    2. 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.
    3. Xiaokai Yang, 1994. "Endogenous vs. exogenous comparative advantage and economies of specialization vs. economies of scale," Journal of Economics, Springer, vol. 60(1), pages 29-54, February.

    More about this item

    Keywords

    Inframarginal; Transaction Costs; Division of Labor;
    All these keywords.

    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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