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The Social Division of Labor and Competition: A Conceptual Study

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  • KIMURA,Koichiro

Abstract

Economic growth entails the development of the social division of labor and the diversification of industries within an economy. Considerable previous research has examined the social division of labor, showing the cooperative relationships between firms or industries through product exchanges in markets. However, it remains unclear how market competition among firms within an industry influences the development of the social division of labor. Therefore, this study explores the relationship between the development of the social division of labor and competition to shed light on the process of new industrial differentiation. Furthermore, it highlights unresolved issues for future research.

Suggested Citation

  • KIMURA,Koichiro, 2025. "The Social Division of Labor and Competition: A Conceptual Study," IDE Discussion Papers 969, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  • Handle: RePEc:jet:dpaper:dpaper969
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    File URL: https://ir.ide.go.jp/record/2001332/files/IDP000969_001.pdf
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    References listed on IDEAS

    as
    1. Groenewegen, P D, 1977. "Adam Smith and the Division of Labour: A Bicentenary Estimate," Australian Economic Papers, Wiley Blackwell, vol. 16(29), pages 161-174, December.
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    3. Berthold Herrendorf & Richard Rogerson & ?kos Valentinyi, 2013. "Two Perspectives on Preferences and Structural Transformation," American Economic Review, American Economic Association, vol. 103(7), pages 2752-2789, December.
    4. Romer, Paul M, 1987. "Growth Based on Increasing Returns Due to Specialization," American Economic Review, American Economic Association, vol. 77(2), pages 56-62, May.
    5. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
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    More about this item

    Keywords

    competition|industrial differentiation|industrial structure|social division of labor;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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