The division of labor and economic development

被引:81
作者
RodriguezClare, A [1 ]
机构
[1] UNIV CHICAGO, GRAD SCH BUSINESS, CHICAGO, IL 60637 USA
关键词
returns from the division of labor; non-tradable intermediate goods; decreasing average costs; multiple pareto-rankable equilibria;
D O I
10.1016/0304-3878(95)00051-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
Building on three widely accepted premises (productivity gains from the division of labor, efficiency gains derived from the proximity of suppliers and users of certain inputs, the division of labor is limited by the extent of the market) this paper shows that a small, open economy may be caught in an underdevelopment trap in which a shallow division of labor (i.e., a low variety of specialized inputs) is self-reinforcing. In turn, the shallow division of labor leads to a relatively low rate of return to capital, so foreign investment or domestic capital accumulation may not materialize.
引用
收藏
页码:3 / 32
页数:30
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