Industrialization and the Division of Labor in Roundabout Production

Xiaokai Yang and Wai-Man Liu
Additional contact information
Wai-Man Liu: University of New South Wales, Australia

Chapter 16 in Inframarginal Economics, 2008, pp 495-525 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:The Features of IndustrializationA General Equilibrium Model Endogenizing Production RoundaboutnessCorner Equilibria and Emergence of New IndustryGeneral Equilibrium and IndustrializationChanges in the Income Shares of the Industrial and Agricultural SectorsThe Number of Possible Structures of Transactions Increases More Than Proportionally as Division of Labor Evolves in Roundabout ProductionFurther ReadingQuestionsExercises

Keywords: Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789812837929_0016 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789812837929_0016 (text/html)
Ebook Access is available upon purchase.

Related works:
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:wsi:wschap:9789812837929_0016

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().