This paper develops a dynamic, general equilibrium model of specialization-driven growth in which private coordination costs are decreasing in public expenditure on physical and institutional infrastructure. The model provides an explicitly economic explanation of the secular rise of government. In
β¦ LIBER β¦
The Division of Labor, Inequality and Growth
β Scribed by Arthur Fishman; Avi Simhon
- Book ID
- 110340167
- Publisher
- Springer
- Year
- 2002
- Tongue
- English
- Weight
- 196 KB
- Volume
- 7
- Category
- Article
- ISSN
- 1381-4338
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