Reports
Discussion Papers
No.969 The Social Division of Labor and Competition: A Conceptual Study
March 2025
ABSTRACT
Economic growth entails the development of the social division of labor and the diversification of industries within an economy. Considerable previous research has examined the social division of labor, showing the cooperative relationships between firms or industries through product exchanges in markets. However, it remains unclear how market competition among firms within an industry influences the development of the social division of labor. Therefore, this study explores the relationship between the development of the social division of labor and competition to shed light on the process of new industrial differentiation. Furthermore, it highlights unresolved issues for future research.
Keywords:competition, industrial differentiation, industrial structure, social division of labor
JEL classification: D21, L16
PDF available at https://hdl.handle.net/2344/0002001332
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