Xiaokai Yang, Jeffrey D Sachs

Economic Development and the Division of Labor

• Gebundenes Buch

Produktbeschreibung

This innovative new book from Xiaokai Yang introduces students to development economics through the lens of inframarginal and marginal analyses, and shows how this way of thinking has influenced a shift back to classical economic theory within the field of economic development. Yang offers a thorough analysis of trade and macroeconomics not to be found in comparable works, and focuses on institutional and transaction cost issues of critical interest to development economists.

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Produktdetails

• Verlag: Wiley
• Seitenzahl: 660
• Erscheinungstermin: 29. April 2003
• Englisch
• Abmessung: 250mm x 181mm x 41mm
• Gewicht: 1261g
• ISBN-13: 9780631220039
• ISBN-10: 0631220038
• Artikelnr.: 21848948

Autorenporträt

Xiaokai Yang is a Personal Chair Professor in the Department of Economics at Monash University and a Fellow of the Academy of Social Sciences in Australia. His research papers have appeared in The American Economic Review, Journal of Political Economy, Journal of Economics, and other journals. He is the author of Economics: New Classical versus Neoclassical Frameworks (Blackwell, 2000).

Inhaltsangabe

Preface.
1. Introduction.
Part I: Geography and Microeconomic Mechanisms for Economic Development:.
2. Geography and Economic Development.
3. Driving Force I: Exogenous Comparative Advantage and Trading Efficiency.
4. Driving Force II: Endogenous Comparative Advantage and Trading
Efficiency.
5. Driving Force III: Economies of Scale and Trading Efficiency.
6. Coexistence of Endogenous and Exogenous Comparative Advantages and
Patterns of Development and Trade.
7. Structural Changes, Trade, and Economic Development.
Part II: The Institution of the Firm, Endogenous Transaction Costs, and
Economic Development:.
8. Economic Development, the Institution of the Firm, and Entrepreneurship.
9. Endogenous Transaction Costs, Contract, and Economic Development.
10. Transaction Risk, Property Rights, Insurance, and Economic Development.
Part III: Urbanization and Industrialization:.
11. Urbanization, Dual Structure between Urban and Rural Areas, and
Economic Development.
12. Industrialization, Structural Changes, Economic Development, and
Division of Labor in Roundabout Production.
Part IV: Dynamic Mechanisms for Economic Development:.
13. Neoclassical Models of Economic Growth.
14. Economic Development Generated by Endogenous Evolution in Division of
Labor.
15. Social Experiments and Evolution of Knowledge of Economic Development.
Part V: Macroeconomics of Development:.
16. Investment, Saving, and Economic Development.
17. Money, Division of Labor, and Economic Development.
18. Endogenous Business Cycles, Cyclical Unemployment, and Endogenous,
Long-run Growth.
19. Economic Transition.
References.
Index.

Rezensionen

"Economic Development and the Division of Labor is anexciting contribution that offers innovative perspectives on growthand development. It covers a void in the literature, and provides arich and deep interpretation of the impact of endogenousspecialization, institutions, and economic structure on growth. Thetext strikes a very good balance between the intuitive andanalytical discussions, and relies constantly on references tocontemporary data and the problems facing developingcountries." Joshua Aizenman, Dartmouth College

"Economists, whatever their speciality, will find the bookrewarding to read and stimulating to teach." Merton J.Peck, Yale University

"Xiaokai Yang is one of the world's most penetratingand exacting economic theorists, and one of the most creative mindsin the economics profession." Jeffrey D. Sachs, ColumbiaUniversity