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Concurrent Endogenous Evolution in Division of Labor, in the Number of Goods, and in the Institution of the Firm

In: Inframarginal Economics

Author

Listed:
  • Xiaokai Yang

    (University of New South Wales, Australia)

  • Wai-Man Liu

    (University of New South Wales, Australia)

Abstract

The following sections are included:How Can We Simultaneously Endogenize Evolution in Division of Labor and in the Number of Producer Goods?A Dynamic Equilibrium Model with Learning by Doing and an Endogenous Number of Producer GoodsDynamic Equilibrium Level of Specialization and Input VarietyConcurrent Evolution of Specialization, Variety of Producer Goods, and the Institution of the FirmAppendix 19.1: Proof of Lemma 19.1Appendix 19.2: Proof of Proposition 19.1Appendix 19.3: Proof of Proposition 19.2Further ReadingExercises

Suggested Citation

  • Xiaokai Yang & Wai-Man Liu, 2008. "Concurrent Endogenous Evolution in Division of Labor, in the Number of Goods, and in the Institution of the Firm," World Scientific Book Chapters, in: Inframarginal Economics, chapter 19, pages 605-633, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812837929_0019
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    Keywords

    Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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