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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

The 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: Christis Tombazos & Xiaokai Yang (ed.), 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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    Citations

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    Cited by:

    1. Pak-Wai Liu & Xiaokai Yang, 1999. "Division of Labor, Transaction Cost, Emergence of the Firm and Firm Size," CID Working Papers 10, Center for International Development at Harvard University.
    2. Xiaokai Yang, 2000. "Incomplete Contingent Labor Contract, Asymmetric Residual Rights and Authority, and the Theory of the Firm," CID Working Papers 45A, Center for International Development at Harvard University.
    3. Xiaokai Yang, 2006. "The Division Of Labor, Investment And Capital," World Scientific Book Chapters, in: Christis Tombazos & Xiaokai Yang (ed.), Inframarginal Contributions To Development Economics, chapter 16, pages 409-436, World Scientific Publishing Co. Pte. Ltd..
    4. Pak-Wai Liu & Xiaokai Yang, 2006. "The Theory Of Irrelevance Of The Size Of The Firm," World Scientific Book Chapters, in: Christis Tombazos & Xiaokai Yang (ed.), Inframarginal Contributions To Development Economics, chapter 11, pages 259-290, World Scientific Publishing Co. Pte. Ltd..
    5. Timo Kuosmanen, 2003. "Duality Theory of Non-convex Technologies," Journal of Productivity Analysis, Springer, vol. 20(3), pages 273-304, November.
    6. Zhang, Yi & Fan, Ying & Xia, Yan, 2021. "Structural evolution of energy embodied in final demand as economic growth: Empirical evidence from 25 countries," Energy Policy, Elsevier, vol. 156(C).
    7. Zhang, Ruxin & Tan, Shuhao & Hannaway, David & Dai, Weizhu, 2020. "Multi-household grassland management pattern promotes ecological efficiency of livestock production," Ecological Economics, Elsevier, vol. 171(C).
    8. 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.
    9. 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.
    10. Kit‐Chun Lam & Pak‐Wai Liu, 2004. "Specialization, Transaction Efficiency, and Firm Size: Empirical Evidence," Review of Development Economics, Wiley Blackwell, vol. 8(3), pages 413-422, August.

    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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