| This dissertation focus on how labor-divison evolve and lead to Market, especially on the origin of specialized Market, including seven chapters.In summarize, this dissertation provide a case in a clue of an idea of labor-divison, two models on professional middleman in an inframarginal analysis framework on labor-divison of New Classic Economy, six labor-devison structures and their evolutiona to a wholesale market, a hypothesis on labor-devison as the origin of the market, a strongly supporting test from emprical evidence.After a review on the research of the specialized market, a plan is decided that from the aspect of labor-devison to study the professional middlman as the clue for the market origin. In the third chapter, the case of Feather for Sugar is reorganized according to the evolution of the labor-devison structure, from the tradition to the market,make clear the process of the evolution and the related question. In the forth and fifth chapter, two models about professional middlman is developed with support from a positive background of the reorganized case and the theoretical background of New Classic Enonomics and labor-devison framework. In the sixth chapter how the transaction efficiency (k, in the model) influence the labor-devison of the middlman is discussed on the base of the conclusion from chapter four and chapter five. The labor-devison evolution and the origin of the market is studied, to clear up the relation between the market and its origin Feather For Sugar. So, the conclusion can be drawn from this dissertation as following:1. It is a process with new organization coming to being that the market, as an organization to coordinate labor-devison, developed from simple tocomplex. Labor-devison is in evolution, from the first state being autarky to various kind labor-devison structure,in according to different type of market with different labor-devison structure.2. Professional middlman is a corner-solution decision-making expert,that is from the evolution from autarky, direct trade to round-about trade pattern, who is specialized in organizing round-about trade. So, the labor-divison structure is added with new product and new expert to the direct trade one, leading to a expansion of the labor-devison network and the rise of the labor-devison level.3. There are two kind instances for professional middlman. When the bilateral need is not suit to each other in the round-about trade without money, the middlman organize the trade round-about not only to meet the final need, but to organize the intermediary for the trade. At least one good should act as intermediary in the round-about trade, so the middlman act as a money dealer. When money works, the professional middlman organize the trade to meet the final need, as a wholesale dealer works.4. Professional middlemen appears and works in condition of the improvement of a bound of transaction efficiency, as well as the influence of the study cost of specialized maker and middlemen. If transaction efficiency improved, more products become good, then involved into the round-about trade, correspondingly more experts be involved into round-about trade as a middlman. As the species of commodity improve and transaction expand over the local community, the professional middlman divide into make-up middlman and service middlman with a hierarchical structure.generally speaking, one make-up middlman at the top of the hierarchical structure deal with several service middlman. In order to improve transaction efficiency, they gather together to trade, so the convergence of space can make up the interruption of time, leading to a centralized and time-fixed trade place, that is how wholesale market appears.5. The Yiwu case provides a historical process of how professional middlman evolved, which is divided into six phrases in relation with six labor-division structure. Autarky, individual part-time and organized trade are in according to the Feather for Sugar tradition. When a product acts as intermediary with limited trading scope, the professional middlman organize round-about trade, however no market appears. What is interesting and very rare in economic history, that even without money, middlman can skillfully use feather as intermediary and organize the trade with the support of the Sugar Gang.6. Whether the local trade tradition can be continued and bring birth to market, whether the labor-divison of middlman can expand and become hierarchical, depend on the transaction efficiency under the very historical and institutional background. The evolution of the trade tradition from autarky to market is divided into several inter-related phrases according to the evolution of labor-divison, based on the historical institutional analysis on two dimension of property safeguarding efficiency and the trade organization efficiency, to prove that Feather for Sugar tradition is the origin of the Yiwu market.Generally this dissertation is a economic theoretical study in a New Classic economic framework, as well as a economic-historical study on the structure factors based on a case and economic theory. So, the continual study can be extended in both theoretical model and economic history, such as model for various transaction organization, the organization and development of circulation industry. |