This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide spillovers, and degrees of consumption subsistence. We find that human and...

This thesis examines the strategic incentives of market players under constrained situations that generate economic externalities. The first chapter considers a model of competition in which economic activity takes place through networks of bilateral interactions. Economic externalities in this...