DEVELOPMENT, STRUCTURAL CHANGES AND URBANIZATION

Xiaokai Yang

Chapter 7 in Inframarginal Contributions to Development Economics, 2006, pp 137-166 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionA Model with Three GoodsThe Individual Optimal DecisionThe Markets and Candidates for Equilibrium (Corner Equilibria)The Pareto Optimum Corner EquilibriumThe Relationship between the Equilibrium and the Pareto OptimumEquilibrium and its Comparative StaticsConclusionsAppendix A: The Choice of StructuresAppendix B: Corner Equilibrium and the Restricted Pareto OptimumAppendix C: A Proof to Proposition 6References

Keywords: Inframarginal; Transaction Costs; Division of Labor (search for similar items in EconPapers)
Date: 2006
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Related works:
Journal Article: Development, structural changes and urbanization (1990)
Working Paper: DEVELOPMENT, STRUCTURAL CHANGES, AND URBANIZATION (1988)
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