Knowledges, Specialisation and Economic Evolution: Modelling the Evolving Division of Human Time

Publikation: Working paperForskning


The purpose of the paper is to integrate parts of the emerging modern literature on the division of labour and the division of knowledge as factors determining economic organisation and economic growth and development. The solution is a firm-based model of a pure labour economy with multiactivity production, fusions and fissions of firms, specialisation and exchange, markets for intermediate goods, and specialisation of R&D.
StatusUdgivet - 2002