Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85666
Authors: 
Francois, Joseph F.
Nelson, Douglas
Year of Publication: 
1998
Series/Report no.: 
Tinbergen Institute Discussion Paper 98-006/2
Abstract: 
Division of labor models have become a standard analytical tool, along withcompetitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical representation. This is because they are both new and complex, characterized 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 specialization models, and explaining why one sub-class of these models is particularly difficult to illustrate easily.
Subjects: 
specialization
trade and development
location of industry
agglomeration
JEL: 
F12
O12
O41
Document Type: 
Working Paper

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