KUWAHARA, SHIRO; SHIBATA, AKIHISA - In: Division of Labor & Transaction Costs (DLTC) 02 (2006) 01, pp. 55-69
Extending the Kim (1989) model of endogenous labor specialization to an overlapping generations model with an endogenous technology choice, we show in this paper that, when the market size and the fixed costs associated with the technologies with labor specialization are small, the growth...
