Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade (Classic Reprint) - Couverture souple

Rotemberg, Julio

9781330503713: Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade (Classic Reprint)

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ISBN 10 : 1330503716 ISBN 13 : 9781330503713

Editeur : Forgotten Books, 2018

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1330503716
ISBN 13: 9781330503713
Reliure: Broch�
Nombre de pages: 48
Coordonn�es du fabricant: Copytech (UK) Ltd, Trading as Printondemand-worldwide.com
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Competition and Human Capital Accumulation (Classic Reprint)

Julio Rotemberg

Edit� par Forgotten Books, 2022

ISBN 10 : 1330503716 ISBN 13 : 9781330503713

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book presents a theory of why some regions specialize in the production of goods that require a skilled workforce while others do not. The author argues that this specialization is due to the positive externalities that skilled workers create for one another. When there are enough skilled workers in a region, it becomes more attractive for firms to locate there, which in turn attracts more skilled workers. This creates a virtuous cycle that can lead to a region becoming a hub for a particular industry. The author also explores the policy implications of this theory. He argues that governments can use industrial policies to promote the development of specific industries in their regions. However, he also warns that these policies can have unintended consequences, such as reducing overall economic efficiency. This book is a valuable contribution to the literature on economic development. It provides a new theoretical framework for understanding why some regions specialize in certain industries, and it offers important insights into the role of government policy in promoting economic development. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781330503713_0

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