The Division of Labor, Coordination Costs, and Knowledge
Gary Becker and
Kevin M. Murphy
The Quarterly Journal of Economics, 1992, vol. 107, issue 4, 1137-1160
Abstract:
This paper considers specialization and the division of labor. A more extensive division of labor raises productivity because returns to the time spent on tasks are usually greater to workers who concentrate on a narrower range of skills. The traditional discussion of the division of labor emphasizes the limitations to specialization imposed by the extent of the market. We claim that the degree of specialization is more often determined by other considerations. Especially emphasized are various costs of "coordinating" specialized workers who perform complementary tasks, and the amount of general knowledge available.
Date: 1992
References: Add references at CitEc
Citations: View citations in EconPapers (496)
Downloads: (external link)
http://hdl.handle.net/10.2307/2118383 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
Chapter: The Division of Labor, Coordination Costs, and Knowledge (1994) 
Working Paper: The Division of Labor, Coordination Costs, and Knowledge (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:107:y:1992:i:4:p:1137-1160.
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva
More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().