Home Production and External Effects on Labor-Augmenting Technological Progress <Articles>
廣島大學經濟論叢 Volume 25 Issue 3
Page 9-27
published_at 2002-03-12
アクセス数 : 835 件
ダウンロード数 : 124 件
今月のアクセス数 : 0 件
今月のダウンロード数 : 0 件
この文献の参照には次のURLをご利用ください : https://doi.org/10.15027/26916
| File | |
| Title ( jpn ) |
Home Production and External Effects on Labor-Augmenting Technological Progress <Articles>
|
| Creator | |
| Source Title |
廣島大學經濟論叢
The Hiroshima Economic Review
|
| Volume | 25 |
| Issue | 3 |
| Start Page | 9 |
| End Page | 27 |
| Journal Identifire |
[ISSN] 0386-2704
[NCID] AN00213519
|
| Abstract |
In an economy studied in this paper, the ratio of aggregate home consumption to aggregate market consumption, a proxy to the economy-wide resource allocation between market and home sectors, is assumed to have an external effect, either positive or negative, on the rate of labor-augmenting technological progress. It will be shown that a necessary condition for this model to have multiple steady states depends on relative factor intensity between the two sectors. When home production is more labor-intensive, as suggested by many authors, and when people learn more at home than at market, the long-run outcome might depend on both history and (self-fulfilling) expectation.
|
| NDC |
Economics [ 330 ]
|
| Language |
jpn
|
| Resource Type | departmental bulletin paper |
| Publisher |
広島大学経済学会
|
| Date of Issued | 2002-03-12 |
| Publish Type | Version of Record |
| Access Rights | open access |
| Source Identifier |
[ISSN] 0386-2704
[NCID] AN00213519
|
