A Geometry of Specialisation  

Oleh:

Francois, Joseph F. ; Nelson, Douglas

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 112 no. 481 (2002), page 649-678.
Topik: GEOMETRY; geometry; specialisation
Fulltext: 649.pdf (600.16KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.8 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Division of labour models have become a standard analytical tool, along with competitive general equilibrium models (Ricardian, HOS, Ricardo - Viner), in public finance, trade, growth, development and macroeconomics. Yet unlike the earlier models, these models lack a canonical graphical representation. This is because they are both new and complex, characterised by multiple equilibria, instability and emergent structural properties under parameter transformation. We develop a general framework for such models, illustrating results from current research on specialisation models, and explaining why one sub - class of these models is particularly difficult to illustrate.

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