期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2005
卷号：1
出版社：Monash University
摘要：The implications of the international demonstration effect (IDE) for the development of underdeveloped economies have long been studied and debated. Yet few formal analyses exist in the literature, especially regarding its implications for the growth of domestic markets and the division of labour in developing economies. We offer an analysis of endogenous specialization under IDE, the first of its kind, showing that, far more complicated than the scenario held by conventional wisdom, IDE makes more difficult the emergence of the market underpinning the domestic division of labour, but facilitates the expansion of the market once the market has been developed.
关键词：External habit formation; specialization and division of labour; international demonstration effect; economic development; emergence and extent of the market.
