Increasing Returns and Economic Analysis

Front Matter....Pages i-xxv
Front Matter....Pages 1-1
Specialization and Division of Labour: A Survey....Pages 3-63
Comment....Pages 64-65
Comment....Pages 66-70
Specialization and the Emergence and the Value of Money....Pages 71-89
Productivity, Investment in Infrastructure and Population Size: Formalizing the Theory of Ester Boserup....Pages 90-107
The Inframarginal Analysis of Demand and Supply and the Relationship between a Minimum Level of Consumption and the Division of Labour....Pages 108-126
Economies of Specialization and Trade....Pages 127-144
Centralized Hierarchy within a Firm and Decentralized Hierarchy in the Market....Pages 145-169
An Analytical Framework of Consumer-Producers, Economies of Specialization and Transaction Costs....Pages 170-185
An Extended Ethier Model with the Tradeoff between Economies of Scale and Transaction Costs....Pages 186-204
Policy Analysis in a Dynamic Model with Endogenous Specialization....Pages 205-215
Front Matter....Pages 217-217
Increasing Retums, Constant Retums and Micro-Macro Economics....Pages 219-231
Non-Neutrality of Money Under Non-Perfect Competition: Why Do Economists Fail to See the Possibility?....Pages 232-252
Comment....Pages 253-254
A Dynamic Model of Monopolistic Competition with Trade Externalities and Fiscal Policy....Pages 255-277
Comment....Pages 278-279
Industrialization Policy and the ‘Big Push’....Pages 280-304
Comment....Pages 305-306
Economies of Scale and Imperfect Competition in an Applied General Equilibrium Model of the Australian Economy....Pages 307-334
Comment....Pages 335-337
Front Matter....Pages 217-217
Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change....Pages 338-366
Pursuit of Relative Conspicuous Consumption in Monopolistic Competition....Pages 367-382
Economic Fluctuations and Non-Neutrality of Money Based upon Imperfect Competition....Pages 383-400
Front Matter....Pages 401-401
Innovation and Increasing Retums to Scale....Pages 403-408
Variable Returns to Scale and Factor Price Equalization....Pages 409-412
The Stolper-Samuelson Theorem in Models with Economies of Scale....Pages 413-429
Comment....Pages 430-431
Variable Returns to Scale, Resources and Population....Pages 432-444
Back Matter....Pages 445-457