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- Title
Substitution and Division of Labour.
- Authors
Rosen, Sherwin
- Abstract
The main purpose of this essay has been to show how the division of labour inherent in the internal organization of work activities determines some observable substitution possibilities in production. Of course there is a considerable distance between what has been offered here and a complete theory; but substitution is such an important feature of economic life, that continued efforts to explain it seem worthwhile. <BR> Engineering technologies with fixed coefficients have been used only to focus most sharply on the contribution of the division of labour to observed substitution. It is not difficult to incorporate smooth technologies of the neoclassical type into the analysis. Further, Section II generalizes fairly easily to multi-dimensional cases because the device of describing skill endowments by distribution functions captures the essence of the ordering property crucial to Section I without being quite so dependent upon it.
- Subjects
DIVISION of labor; PRODUCTION (Economic theory); SUBSTITUTION (Technology); ECONOMICS; TECHNOLOGY; WORK; DISTRIBUTION (Probability theory)
- Publication
Economica, 1978, Vol 45, Issue 179, p235
- ISSN
0013-0427
- Publication type
Article
- DOI
10.2307/2553070