Lanz, Rainer; Miroudot, Sébastien; Nordås, Hildegunn Kyvik - Trade and Agriculture Directorate, Organisation de … - 2011
Specialisation or division of labour is an important source of economic growth, but the degree of division of labour is constrained by the extent of the market. Trade in tasks represents the latest turn in a virtuous cycle of deepening specialisation, expansion of the market and productivity...