YU Xian-zhong. From Specialization to See Property Transaction,Transaction Costs and Human Resource Allocation. [J]. Journal of University of Jinan(Social Science Edition) 20(1):51-56(2010)
YU Xian-zhong. From Specialization to See Property Transaction,Transaction Costs and Human Resource Allocation. [J]. Journal of University of Jinan(Social Science Edition) 20(1):51-56(2010)DOI:
From Specialization to See Property Transaction,Transaction Costs and Human Resource Allocation
we should first consider the"yes"or"no" for specialization choice in the economics study of scarce resources
then followed by issues of scale or marginal analyse of the"more"or"less"numbers based on the division of labor.Scarcity of resources requires a rational division of labour specialization
and labour specialization can clear property rights and save transactions cost as well as optimize the allocation of scarce resources and promote the development of economic.It particularly accelerates the development process of population modernization through optimization of human resources.This is a testable implication and an important conclusion which can be supported by a large number of empirical evidence and fact.