Increasing Returns and Economic Analysis

'...the volume provides a wealth of stimulating material for economists.' - Elet, University of Bologna

• Acknowledgements - Preface - Introduction - PART 1: SPECIALIZATION, ORGANIZATION AND GROWTH: NEW CLASSICAL ECONOMICS - Specialization and Division of Labour: a Survey; X.Yang & S.Ng - Comments; J.M.Buchanan - Comments; J.Borland - Specialisation and the Emergence and the Value of Money; W.Cheng - Productivity, Investment in Infrastructure and Population Size: Formalizing the Theory of Ester Boserup; C.Y.C.Chu & Y-C.Tsai - The Inframarginal Analysis of Demand and Supply and the Relationship between a Minimum Level of Consumption and the Division of Labour; M.Lio - Economies of Specialization and Trade; S.Ng - Centralized Hierarchy within a Firm and Decentralized Hierarchy in the Market; H.Shi & X.Yang - An Analytical Framework of Consumer-producers, Economies of Specialization and Transaction Costs; M.Wen - An Extended Ethier Model with the Tradeoff between Economies of Scale and Transaction Costs; K-y.Wong & X.Yang - Policy Analysis in a Dynamic Model with Endogenous Specialization; J.Zhang PART 2: ECONOMIES OF SCALE AND MONOPOLISTIC COMPETITION - Increasing Returns, Constant Returns and Micro-Macro Economics; R.Marris - Non-neutrality of Money under Non-perfect Competition: Why do Economists fail to see the Possibility?; Y-K.Ng - Comments; R.Marris - A Dynamic Model of Monopolistic Competition with Trade Externalities and Fiscal Policy; K.N.Cheung - Comments; C-S.Hwang - Industrialisation Policy and the Big Push; J.Gans - Comments; P.A.Trostel - Economies of Scale and Imperfect Competition in an Applied General Equilibrium Model of the Australian Economy; K.A-Silva & M.Horridge - Comments; P.B.Dixon - Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change; P.F.Peretto - Pursuit of Relative Conspicuous Consumption in Monopolistic Competition; J.Wang & Y-K.Ng - Economic Fluctuations and Non-neutrality of Money based upon Imperfect Competition; X.Yin - PART 3: INFORMATION, TRADE, AND RESOURCES - Innovation and Increasing Returns to Scale; K.J.Arrow - Variable Returns to Scale and Factor Price Equalization; M.Kemp, M.Okawa & M.Tawada - The Stolper-Samuelson Theorem in Models with Economies of Scale; P.J.Lloyd & A.G.Schweinberger - Comments; P.M.Sgro - Variable Returns to Scale, Resources and Population; J.Pitchford - Index