Transport constraints limit competition and arbitrageurs' possibilities of exploiting price differences between goods in neighbouring markets, especially when storage capacity is negligible. We analyse this in markets where strategic producers compete with supply functions, as in wholesale...

An adaptive economizing framework is proposed for analyzing labor market aspects of long-term industrial development using a dynamic, disaggregate economic model based upon principles of bounded rationality and markets in disequilibrium. The approach is applied to a firm's investment-production...

The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and toward multi-tasking and job rotation. Whereas the existing literature on the division...

In what follows, we examine the consequences of the development for the reorganization of work, the breack-down of occupational barriers, the transformation of job opportunities, and the implications for inequality in the labor market.

How should the world economy adapt to the increased demand for exhaustible resources from countries like China and India? To address that issue, this paper presents a dynamic model of the world economy with two technologies for production; a resource technology which uses an exhaustible resource...

Demand for less skill decreased. They argue that pervasive skill biased technological change rather than increased trade with developing world is the principal culprit.The pervasiveness of this technological change is important because:1)immediate and testable implication of technological change...

This paper investigates labor productivity growth and the contribution to labor productivity growth in Swedish manufacturing during electrification and the ICT revolution. The paper distinguishes between technology-producing, intensive and less intensive technology-using industries during these...

The "new electronics technology" in its various manifestations has been very much in the limelight during recent years. It has been associated with future mass unemployment or scary visions of a Brave New World, a grand discontinuity in economic and cultural development. Governments are worried...

No abstract.

In what follows, we examine the consequences of the development for the reorganization of work, the breack-down of occupational barriers, the transformation of job opportunities, and the implications for inequality in the labor market.